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In the United States, antitrust law is a collection of mostly federal laws that regulate the conduct and organization of businesses in order to promote competition and prevent unjustified monopolies. The three main U.S. antitrust statutes are the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914.
May 31, 2024 · Key Takeaways. Antitrust laws were designed to protect and promote competition within all sectors of the economy. The Sherman Act, the Federal Trade Commission Act, and the Clayton Act are the...
It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade practices law; the act of pushing for antitrust measures or attacking monopolistic companies (known as trusts) is commonly known as trust busting.
The antitrust laws proscribe unlawful mergers and business practices in general terms, leaving courts to decide which ones are illegal based on the facts of each case. Courts have applied the antitrust laws to changing markets, from a time of horse and buggies to the present digital age.
May 2, 2022 · What Are Antitrust Laws? Antitrust laws also referred to as competition laws, are statutes developed by the U.S. government to protect consumers from predatory business practices.
Dec 20, 2023 · The Antitrust Division enforces federal antitrust and competition laws. These laws prohibit anticompetitive conduct and mergers that deprive American consumers, taxpayers, and workers of the benefits of competition.
The FTC's competition mission is to enforce the rules of the competitive marketplace — the antitrust laws. These laws promote vigorous competition and protect consumers from anticompetitive mergers and business practices.
Antitrust: Principles, Cases, and Materials (2d Edition) is an antitrust textbook offered for free download from this website under the terms of the Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.
The three key federal statutes in Antitrust Law are Sherman Act Section 1, Sherman Act Section 2, and the Clayton Act. The Per Se Rule v. the Rule of Reason: Violations under the Sherman Act take one of two forms -- either as a per se violation or as a violation of the rule of reason.
Antitrust refers to the regulation of the concentration of economic power, particularly in regard to monopolies and other anticompetitive practices. Antitrust laws exist as both federal statutes and state statutes. The three key federal statutes in Antitrust Law are;
