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Although the Monopoly Is One of the Four Major Market

Question 110

Multiple Choice

Although the monopoly is one of the four major market structures that theoretically exists in a free market capitalist system, the reality is there are very few true monopolies in the economy. This is the result of many federal laws and regulations that have been passed to limit the creation and power of monopolies.
Which one of the following federal laws was passed to prevent the creation of monopolies in the economy?


A) Sherman Act of 1890
B) Securities Act of 1933
C) Sarbanes-Oxley Act of 2002
D) Wheeler-Lea Act of 1938
E) Lanham Act of 1946

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