Premium Essay

Egt Task Iii

In:

Submitted By ssgtsally
Words 881
Pages 4
The four major pieces of legislation collectively known as the Antitrust Laws are the Sherman Act (1890), Clayton Act (1914), Federal Trade Commission Act (1914) and the Cellar-Kefauver Act (1950). The Sherman Act was the first Anti-trust law put in place. It was designed to break up existing monopolies that were already in place. The act stated that it was illegal to contract inhibit trade. It also made it illegal to try and monopolize industries or to have a monopoly of an existing industry. While the intentions were admirable this act was extremely vague and had very little clarity. Both the legal system and businesses were unclear as to what was legal and what was illegal. In an effort to provide more clarity and definition the Clayton Act was passed in 1914. This act was far more defined the Sherman Act and provided more structure and definition regarding legal versus illegal behavior. This Act specifically outlawed the practice of price fixing and the use of tying contracts. The Clayton Act also prohibited a company from buying out a competitor in order to reduce or prevent competition. The last major component of this legislation was the provision that stated that it was illegal for to be “interlocking directorates”. For example the CEO of a company cannot sit on the board of Directors of its competitor. This legislation made this conflict of interest illegal. Also in 1914 the Federal Trade Commission Act was passed. This legislation the government agency known as the Federal Trade Commission. This agency consisted of 5 members and they were responsible to investigate suspected unfair competitive practices which they discovered on their own or at the request of a third party( usually an injured third party).The last piece of major anti-trust legislation that was passed was the Celler-Kefauver Act of 1950. This act was actually an amendment created specifically

Similar Documents

Premium Essay

Army

...miltrimas235Department of the Army Pamphlet 738–751 Logistics Management Functional Users Manual for the Army Maintenance Management System— Aviation (TAMMS-A) Headquarters Department of the Army Washington, DC 15 March 1999 UNCLASSIFIED SUMMARY of CHANGE DA PAM 738–751 Functional Users Manual for the Army Maintenance Management System— Aviation (TAMMS-A) This revision-o o o Adds an Aircraft Transfer Decision Table (chap 1). Converts the removal/achievement codes back to failure codes (chap 1). Adds procedures for the Unit Level Logistics System-Aviation (chaps 1, 2, 3, and 4). Introduces DA Form 2408-14-1 (Uncorrected Fault Record Aircraft) (chap 2). DA Form 2408-14 (Uncorrected Fault Record) will no longer be used for aviation equipment. Incorporates Standard Army Maintenance System procedures (chap 3). Adds procedures for documentation of component repair at Aviation Intermediate Maintenance and depot levels of maintenance (chap 3). Adds phase maintenance and periodic inspection documentation procedures (chap 3). Adds information on migrating automated DA Form 2410 (Component Removal and Repair/Overhaul Record) data (chap 3). Changes DA Form 2410 and instructions. Therefore, the U.S. Army Aviation and Missile Command’s Guide/Workbook for the DA Form 2410, The Army Maintenance Management System Aviation (TAMMS-A), October 1992, is obsolete (chap 3). Adds instructions for DA Form 2408-16 (Aircraft Component Historical Record) and DA Form 2410 to track aircraft...

Words: 138921 - Pages: 556

Free Essay

Term Paper

...Advisor (kenneth.friedman@hq.doe.gov). Tiffany Y. Choi of ICF International contributed to this report. The U.S. Department of Energy would like to acknowledge the following reviewers for their contribution to this report:  ABB  American Transmission Company  Bartley, William H., Hartford Steam Boiler Inspection and Insurance Company, A member of the Munich Reinsurance Company  North American Electrical Reliability Corporation  Ontario Power Generation  Scott, Daniel  U.S. Department of Commerce  U.S. Department of Homeland Security  U.S. Federal Energy Regulatory Commission Cover photo sources: Large power transformer photo: Siemens.com High-voltage transmission lines photo: Utilities-me.com DOE / OE / ISER April 2014 iii Large Power Transformers and the U.S. Electric Grid Table of Contents List of Figures ............................................................................................................................. v List of Tables .............................................................................................................................. v Executive Summary...

Words: 20748 - Pages: 83