Business / Agriculture / Sherman Anti-Trust Act: The 1890 law is considered the foundation of federal anti-monopoly policy. Passed partly as an outgrowth of congressional investigations into alleged price collusion among large meat packers, the law generally prohibited restraint of trade and monopolistic practices in all industries, including agribusiness. The Capper-Volstead Act later exempted agricultural cooperatives from certain provisions of the Sherman Act and the subsequent Clayton Act.
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Act Verb Synonyms: behave (oneself), carry on, deport oneself, comport oneself, conduct oneself
Act Noun Synonyms: deed, action, undertaking, operation, step, move, feat, exploit, accomplishment, achievement
Business / Agriculture / Clayton Act: A 1914 law that supplemented the Sherman Anti-Trust Act of 1890 by clarifying market activities (including those in agriculture) considered to be monopolistic or trade-restraining. The Capper-Volstead MORE
Business / Accounting / Noncash Transactions: Investing and financing activities that do not affect cash: if significant, they are disclosed below the statement of cash flows or in the notes to the financial statements. MORE