The Foreign Corrupt Practices Act (FCPA) is a United States law enacted in 1977 aimed at preventing the bribery of foreign officials to obtain or retain business. It mandates accounting transparency requirements and imposes internal controls and disclosure requirements.
The Sherman Antitrust Act of 1890 was the first federal act that outlawed monopolistic business practices. Its purpose was to promote economic fairness and competitiveness and to curb concentrations of power that interfere with trade and reduce economic competition.
The Taft-Hartley Act, formally known as the Labor-Management Relations Act of 1947, aims to protect employers' rights to resist unionization and restrict union activities, imposing on unions many of the conditions for good faith bargaining previously imposed on management by earlier laws.
