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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.
American antitrust law formally began in 1890 with the U.S. Congress's passage of the Sherman Act, although a few U.S. states had passed local antitrust laws during the preceding year. [12] Using broad and general terms, the Sherman Act outlawed "monopoliz[ation]" and "every contract, combination ... or conspiracy in restraint of trade". [13]
Sherman Antitrust Act United States , 246 U.S. 231 (1918), was a case in which the Supreme Court of the United States applied the " rule of reason " to the internal trading rules of a commodity market .
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 ...
Notable legislation in the title includes the Federal Trade Commission Act, the Clayton Antitrust Act, the Sherman Antitrust Act, the Securities Exchange Act of 1934, the Consumer Product Safety Act, and the CAN-SPAM Act of 2003. 15 U.S.C. ch. 1—Monopolies and Combinations in Restraint of Trade; 15 U.S. Code § 13a is the Robinson Patman Act
In November 1906, the Justice Department sued Standard Oil of New Jersey for violating the Sherman Act. The action was brought under the Expediting Act in the United States circuit court for the Eastern District of Missouri. After a 15-month-long trial, the court issued its decree of dissolution in November 1909 and its opinion in December 1909.
Sherman Antitrust Act of 1890 Maricopa County Medical Society , 457 U.S. 332 (1982), was a U.S. Supreme Court case involving antitrust law . A society of doctors in Maricopa County, Arizona , established maximum fees that their members could claim for seeing patients who were covered by certain health insurance plans.
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.