Explain approach of the sherman anti-trust act

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Reference no: EM1344259

Q. The approach of the Sherman Anti-Trust Act also other U.S. anti-monopoly legislation is to ensure which every company has meaningful competitors in every product marketplace in which it participates. This approach works to prevent monopoly pricing of products but, unfortunately, it is inadequate to prevent the development of quasi-political control of entire societies by oligopolies whose member corporations share a quasi-political agenda. Therefore, as the world becomes a single market, some new approach must be developed to control the reach of the corporate oligopolies.

Reference no: EM1344259

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