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In United States antitrust law, monopolization is illegal monopoly behavior. The main categories of prohibited behavior include exclusive dealing, price discrimination, refusing to supply an essential facility, product tying and predatory pricing.
Federal antitrust laws, as well as most state laws, provide for triple damages against antitrust violators in order to encourage private lawsuit enforcement of antitrust law. Thus, if a company is sued for monopolizing a market and the jury concludes the conduct resulted in consumers' being overcharged $200,000, that amount will automatically ...
A state monopoly can be characterized by its commercial behavior not being effectively limited by the competitive pressures of private organisations. [1] [2] This occurs when its business activities exert an extensive influence within the market, can act autonomously of any competitors, and potential competitors are unable to successfully compete with it.
Map showing alcoholic beverage control states in the United States. The 17 control or monopoly states as of November 2019 are: [2]. Alabama – Liquor stores are state-run or on-premises establishments with a special off-premises license, per the provisions of Title 28, Code of Ala. 1975, carried out by the Alabama Alcoholic Beverage Control Board.
Historically, courts have been unwilling to declare an illegal monopoly in markets in which a company holds less than a 70% market share. Google says that when online display advertising is viewed ...
The tech world is paying close attention to what happens to Google after a judge ruled in August that it illegally monopolised online search.. A potentially seismic ruling for the industry and ...
Laws applied Sherman Antitrust Act Lorain Journal Co. v. United States , 342 U.S. 143 (1951), is a decision of the United States Supreme Court [ 1 ] that is often cited as an example of a monopolization violation being based on unilateral denial of access to an essential facility although it in fact involved concerted action. [ 2 ]
The request comes after a federal judge in August found that the tech company had illegally maintained a monopoly in search. Google said it disagreed with the decision and plans to appeal. Read ...