Question

Arrange the following legislations in order of their coming into force: (A) Sherman Act
(B) MRTP Act
(C) Clayton Act
(D) Competition Act Choose the correct answer from the options given below:

• A. (A), (C), (B), (D).
• B. (A), (B), (C), (D).
• C. (B), (A), (D), (C).
• D. (C), (B), (D), (A).

Hint:

International and national competition laws evolved from older antitrust laws like the Sherman Act to modern frameworks like the Competition Act.

Answer 1

The Correct Option is B

Step 1: Examine the legislative timeline.
- Sequence of Acts: Sherman Act (1890), Clayton Act (1914), MRTP Act (1969), Competition Act (2002).