Sherman Antitrust Act: This legislation passed in 1890 aimed to prevent monopolies and restrain unfair business practices that restricted competition.
Clayton Antitrust Act: Enacted in 1914, this act strengthened antitrust laws by prohibiting certain anti-competitive actions like price discrimination and tying contracts.
Federal Trade Commission (FTC): Established in 1914, the FTC is responsible for enforcing consumer protection laws and promoting fair competition in the market.