Question

Which Act prevents monopolies and conspiracies from fixing prices, fixing bids, or dividing a market between competitors?

Answer 1

The Sherman Act  is your answer

Answer 2

The Sherman Anti-Trust Act prevents monopolies and conspiracies from fixing bids, fixing prices, or dividing a market between competitors.

Approved on July 2, 1890, The Sherman Anti-Trust Act was the essential Federal act that can ban monopolistic practices of a business.

The Sherman Antitrust Act of 1890 was the primary measure passed by the U.S. Congress to forbid trusts.