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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.
The Supreme Court calls the Sherman Antitrust Act a "charter of freedom", designed to protect free enterprise in America. [76] One view of the statutory purpose, urged for example by Justice Douglas, was that the goal was not only to protect consumers, but at least as importantly to prohibit the use of power to control the marketplace. [77]
Sherman Antitrust Act of 1890 American Society of Mechanical Engineers v. Hydrolevel Corporation , 456 U.S. 556 (1982), is a United States Supreme Court case where a non-profit association , for the first time, was held liable for treble damages under the Sherman Antitrust Act due to antitrust violations.
United States v. American Tobacco Company, 221 U.S. 106 (1911), was a decision by the United States Supreme Court, which held that the combination in this case is one in restraint of trade and an attempt to monopolize the business of tobacco in interstate commerce within the prohibitions of the Sherman Antitrust Act of 1890.
The Sherman Act §§ 1-7, 15 note, is intended to prohibit monopolies and combinations, which probably would interfere with the free exercise of their rights by those engaged, or who wish to engage in trade; but in the absence of any purpose to create or maintain a monopoly a manufacturer engaged in private business may exercise his discretion ...
The US Justice Department along with 16 states on Thursday filed an 88-page antitrust lawsuit against Apple for violating antitrust laws. Apple allegedly violated the Sherman Antitrust Act by ...
United States v. Trans-Missouri Freight Association, 166 U.S. 290 (1897), was a United States Supreme Court case holding that the Sherman Act (which was an antitrust measure that prohibited anticompetitive behavior in commerce) applied to the railroad industry, even though the U.S. Congress had enacted a comprehensive regime of regulations for that industry.
Antitrust Act can refer to: . The Sherman Antitrust Act, first United States federal government action to limit monopolies . Sherman Antitrust Act (federal preemption) The Clayton Antitrust Act, enacted to remedy deficiencies in antitrust law created under the Sherman Antitrust Act