The Sherman Antitrust Act is aimed at preventing:

The Sherman Antitrust Act is aimed at preventing:

• A. Your job security
• B. Anticompetitive practices
• C. Fixed minimum wages
• D. Union negotiations

Answer: (B)

The Sherman Antitrust Act was enacted in 1890 and is a landmark federal statute in the United States that aims to promote fair competition for the benefit of consumers. Its primary focus is on preventing anticompetitive practices that can harm competition in the marketplace. This includes practices such as monopolization, cartels, and other forms of collusion that restrict free trade and competition. The key aspect of the Act is to ensure that companies compete fairly without attempts to unfairly dominate the market or engage in activities that would lead to monopolistic control. By targeting these anticompetitive practices, the Sherman Antitrust Act helps maintain a competitive business environment, which is essential for innovation, efficiency, and consumer protection. The other options do not align with the primary objectives of the Sherman Antitrust Act. Job security, fixed minimum wages, and union negotiations are primarily addressed by labor laws and regulations rather than antitrust legislation. They tend to fall under different regulatory frameworks that focus on employment rights and labor relations, rather than competition law. Thus, recognizing the Sherman Antitrust Act as a tool against anticompetitive practices highlights its crucial role in maintaining a balanced economic landscape.

The Sherman Antitrust Act was enacted in 1890 and is a landmark federal statute in the United States that aims to promote fair competition for the benefit of consumers. Its primary focus is on preventing anticompetitive practices that can harm competition in the marketplace. This includes practices such as monopolization, cartels, and other forms of collusion that restrict free trade and competition.

The key aspect of the Act is to ensure that companies compete fairly without attempts to unfairly dominate the market or engage in activities that would lead to monopolistic control. By targeting these anticompetitive practices, the Sherman Antitrust Act helps maintain a competitive business environment, which is essential for innovation, efficiency, and consumer protection.

The other options do not align with the primary objectives of the Sherman Antitrust Act. Job security, fixed minimum wages, and union negotiations are primarily addressed by labor laws and regulations rather than antitrust legislation. They tend to fall under different regulatory frameworks that focus on employment rights and labor relations, rather than competition law. Thus, recognizing the Sherman Antitrust Act as a tool against anticompetitive practices highlights its crucial role in maintaining a balanced economic landscape.