Management Test 1 Acts
Federal Trade Commission Act (1914)
Created the Federal Trade Commission; also gives the FTC investigatory powers to be used in preventing unfair methods of competition
Federal Trademark Dilution Act (1995)
Grants trademark owners the right to protect trademarks and requires relinquishment of names that match or parallel existing trademarks
Celler-Kefauver Act (1950)
Prohibits any corporation engaged in commerce from acquiring the whole or any part of the stock or other share of the capital assets of another corporation when the effect would substantially lessen competition or tend to create a monopoly
Sherman Antitrust Act (1890)
Prohibits contracts, combinations, or conspiracies to restrain trade; establishes as a misdemeanor monopolizing or attempting to monopolize
Robinson-Patman Act (1936)
Prohibits price discrimination that lessens competition among wholesalers or retailers; prohibits producers from giving disproportionate services or facilities to large buyers
Clayton Act (1914)
Prohibits specific practices such as price discrimination, exclusive dealer arrangements, and stock acquisitions whose effect may noticeable lessen competition or tend to create a monopoly
Consumer Goods Pricing Act (1975)
Prohibits the use of price maintenance agreements among manufacturers and resellers in interstate commerce
Wheeler-Lea Act (1938)
Prohibits unfair and deceptive acts and practices regardless of whether competition is injured; places advertising of foods and drugs under the jurisdiction of the FTC
Fair Packaging and Labeling Act (1966)
Prohibits unfair or deceptive packaging or labeling of consumer products
Magnuson-Moss Warranty (FTC) Act (1975)
Provides minimum disclosure standards for written consumer product warranties; defines minimum consent standards for written warranties; allows the FTC to prescribe interpretive rules in policy statements regarding unfair or deceptive products
Lanham Act (1946)
Provides protections for and regulation of brand names, brand marks, trade names, and trademarks
