{"id":7881,"date":"2016-10-14T20:51:49","date_gmt":"2016-10-14T20:51:49","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/masterybusiness2xngcxmasterspring2016\/?post_type=chapter&#038;p=7881"},"modified":"2024-05-07T16:16:08","modified_gmt":"2024-05-07T16:16:08","slug":"introduction-to-consumer-protection-and-antitrust-laws","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/chapter\/introduction-to-consumer-protection-and-antitrust-laws\/","title":{"raw":"Introduction to Consumer Protection and Antitrust Laws","rendered":"Introduction to Consumer Protection and Antitrust Laws"},"content":{"raw":"<h2>What you'll learn to do: summarize consumer protection and antitrust laws<\/h2>\r\nThis module concludes with coverage of consumer protection and antitrust laws. We\u2019ll consider consumer protection legislation from both economic and business ethics standpoints, citing statistics to put the need for consumer protection in perspective. We\u2019ll highlight representative consumer protection legislation and summarize the key provisions of the three primary antitrust laws: the Sherman Act, The Federal Trade Commission Act, and the Clayton Act. Note that these two categories of legislation serve both businesses and consumers, supporting ethical business practices fair competition that tends to yield price, quality, and innovation benefits.","rendered":"<h2>What you&#8217;ll learn to do: summarize consumer protection and antitrust laws<\/h2>\n<p>This module concludes with coverage of consumer protection and antitrust laws. We\u2019ll consider consumer protection legislation from both economic and business ethics standpoints, citing statistics to put the need for consumer protection in perspective. We\u2019ll highlight representative consumer protection legislation and summarize the key provisions of the three primary antitrust laws: the Sherman Act, The Federal Trade Commission Act, and the Clayton Act. Note that these two categories of legislation serve both businesses and consumers, supporting ethical business practices fair competition that tends to yield price, quality, and innovation benefits.<\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-7881\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Introduction to Consumer Protection and Antitrust Laws. <strong>Authored by<\/strong>: Nina Burokas. <strong>Provided by<\/strong>: Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":26,"menu_order":19,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Introduction to Consumer Protection and Antitrust Laws\",\"author\":\"Nina Burokas\",\"organization\":\"Lumen Learning\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"6c72c5d5-1bd1-431d-8526-f708863f0ac2","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-7881","chapter","type-chapter","status-publish","hentry"],"part":84,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters\/7881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/wp-json\/wp\/v2\/users\/26"}],"version-history":[{"count":14,"href":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters\/7881\/revisions"}],"predecessor-version":[{"id":15422,"href":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters\/7881\/revisions\/15422"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/wp-json\/pressbooks\/v2\/parts\/84"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/wp-json\/pressbooks\/v2\/chapters\/7881\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/wp-json\/wp\/v2\/media?parent=7881"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/wp-json\/pressbooks\/v2\/chapter-type?post=7881"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/wp-json\/wp\/v2\/contributor?post=7881"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-introductiontobusiness\/wp-json\/wp\/v2\/license?post=7881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}