It sought to end cutthroat competition by forcing industries to establish rules of operation for all firms within specific industries, such as minimum prices, agreements not to compete, and production restrictions.
Den forsøgte at stoppe konkurrence til dumpingpriser ved at tvinge erhvervene til at etablere regler for hvordan alle virksomheder skulle operere indenfor specifikke erhvervsgrene, såsom minimumspriser, aftaler om ikke at konkurrere og produktionsbegrænsninger.