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18 September, 03:32

Which of the following best states the purpose of Wilson's anti-trust legislation?

to encourage free enterprise

to protect big business

to support workers' rights

to establish a fairer tax system

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Answers (1)
  1. 18 September, 06:51
    0
    To encourage free enterprise.

    Explanation:

    The Clayton Antitrust Act is an act enacted in the U. S. legislation in 1914. The bill was signed by President Woodrow Wilson on 15th October 1914.

    The aim of this act was to stop discriminatory pricing, unethical corporative behaviors, etc. It was passed to encourage free enterprising.

    This act was passed to strengthen the existing antitrust Sherman Act, which was vague on the matters of fair pricing, which enabled the big enterprises to continue their discriminatory pricing, and unfair business practices. These practices drove the free enterprises out of the competition.

    This issue demanded to pass the Clayton Antitrust Act 1914, that focussed to encourage free enterprises.

    Thus the correct answer is the first option.
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