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.
Loewe v. Lawlor, 208 U.S. 274 (1908), also referred to as the Danbury Hatters' Case, is a United States Supreme Court case in United States labor law concerning the application of antitrust laws to labor unions. [1]
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 general "trimming back" of antitrust law in the face of economic analysis also resulted in more permissive standards for mergers. [30] In the Supreme Court's 1974 decision United States v. General Dynamics Corp., [31] the federal government lost a merger challenge at the Supreme Court for the first time in over 25 years. [30]
The Federal Trade Commission Act of 1914 is a United States federal law which established the Federal Trade Commission. The Act was signed into law by US President Woodrow Wilson in 1914 and outlaws unfair methods of competition and unfair acts or practices that affect commerce. [1] [2]
Robert Bork was highly critical of court decisions on United States antitrust law in a series of law review articles and his book The Antitrust Paradox. [73] Bork argued that both the original intention of antitrust laws and economic efficiency was the pursuit only of consumer welfare, the protection of competition rather than competitors. [74]
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; Hart–Scott–Rodino Antitrust Improvements Act
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction over federal civil antitrust law enforcement with the Department of Justice Antitrust Division.