Acts and Laws
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Created by:
stripesndots on November 5, 2009
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11 terms
Terms | Definitions |
|---|---|
 Sherman Antitrust Act | (1890) becoming/attempting to be a monopolist or trying to restrain trade is illegal |
| Clayton Act | (1914) no price discrimination or tying contracts |
| Federal Trade Commission Act | (1914) prohibits agressive price-cutting acts ("cut throat pricing") |
| Robinson-Patman Act | (1936) decrease the failure rate of small businesses by protecting them from large competitors |
| Wheeler-Lea Act | (1938) deal with false/deceptive acts or practices by businesses |
| Knights of Labor | (1869) welcomed anyone who worked for a living, except liquor dealers; collapsed in 1917 |
| American Federation of Labor | (1886) Samuel Gompers believed union should consist mainly of skilled workers; better pay and improved working conditions for members |
| Norris-LaGuardia | (1932) restrain the use of injunctions |
| Wagner Act | (1935) employers bargained in good faith with workers and illegal to interfere with employees' rights to organize or join union |
| Taft-Hartley Act | (1947) right to pass right-to-work laws which prohibit unions from requiring employers to make union membership a condition of employment |
| Landrum-Griffin Act | (1959) policing the internal affairs of labor union |
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