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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 ...
Judge Wilken, also hearing this case, issued her decision in March 2019, ruling against the NCAA that their restrictions on "non-cash education-related benefits" violated antitrust law under the Sherman Antitrust Act and required the NCAA to allow for certain types of academic benefits beyond the previously-established full scholarships from O ...
The rule of reason is a legal doctrine used to interpret the Sherman Antitrust Act, one of the cornerstones of United States antitrust law.While some actions like price-fixing are considered illegal per se, other actions, such as possession of a monopoly, must be analyzed under the rule of reason and are only considered illegal when their effect is to unreasonably restrain trade.
But exclusive deals can violate antitrust law if a company is so big or powerful that it prevents rivals from entering the market, and can't prove that its curbs on industry competition are ...
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.
The U.S. Justice Department antitrust chief said on Friday that existent U.S. antitrust laws are "flexible enough" to address harm caused by technology companies, in the face of growing criticism ...
In the context of U.S. competition law, the consumer welfare standard (CWS) or consumer welfare principle (CWP) [1] is a legal doctrine used to determine the applicability of antitrust enforcement. Under the consumer welfare standard, a corporate merger is deemed anti-competitive “only when it harms both allocative efficiency and raises the ...
The Justice Department will take the lead in investigating whether Nvidia violated antitrust laws, while the FTC will examine the conduct of OpenAI and Microsoft.