Search results
Results from the WOW.Com Content Network
Standard Oil (Refinery No. 1 in Cleveland, Ohio, pictured) was a major company broken up under United States antitrust laws.. The history of United States antitrust law is generally taken to begin with the Sherman Antitrust Act 1890, although some form of policy to regulate competition in the market economy has existed throughout the common law's history.
In the United States, antitrust law is a collection of mostly federal laws that govern the conduct and organization of businesses in order to promote economic 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 ...
Reynolds was a baker at St Andrew Holborn, which included both Lincoln's Inn and Gray's Inn, and therefore a considerable number of lawyers.In this litigation-prone environment, Reynolds chose to rent his bakeshop business to Mitchel for five years and gave Mitchel a bond for £50 with the condition that the bond would be void if Reynolds did not act as a baker in the parish within the next ...
It is also known as antitrust law (or just antitrust [4]), anti-monopoly law, [1] and trade practices law; the act of pushing for antitrust measures or attacking monopolistic companies (known as trusts) is commonly known as trust busting. [5] The history of competition law reaches back to the Roman Empire.
The Sherman Antitrust Act of 1890 [1] (26 Stat. 209, 15 U.S.C. §§ 1–7) is a United States antitrust law which prescribes the rule of free competition among those engaged in commerce and consequently prohibits unfair monopolies. It was passed by Congress and is named for Senator John Sherman, its principal author.
The Journal of Law and Economics. 39 (1): 1–48. doi:10.1086/467342. JSTOR 725768. Letwin, William (1965). Law and Economic Policy in America: The Evolution of the Sherman Antitrust Act. New York: Random House. May, James (1989). "Antitrust in the Formative Era: Political and Economic Theory in Constitutional and Antitrust Analysis, 1888–1918".
There was a growing sense in Common Law legal circles that 'conscience' was an unsatisfactory way to resolve cases. e.g., the author of The Doctor and Student, an early 16th century legal treatise structured as a dialogue between a civilian Doctor of Law and a student of the common law, heavily criticised the interference of the Chancellor in ...
The Clayton Antitrust Act of 1914 (Pub. L. 63–212, 38 Stat. 730, enacted October 15, 1914, codified at 15 U.S.C. §§ 12–27, 29 U.S.C. §§ 52–53), is a part of United States antitrust law with the goal of adding further substance to the U.S. antitrust law regime; the Clayton Act seeks to prevent anticompetitive practices in their incipiency.