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Antitrust Laws

Law10 CardsCreated 9 months ago

This deck covers key concepts and laws related to antitrust violations, including important acts and types of violations.

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antitrust violation involve

a contract, a conspiracy between or among competitors to unreasonably restrain trade, or a combination of these things

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Key Terms

Term
Definition
antitrust violation involve
a contract, a conspiracy between or among competitors to unreasonably restrain trade, or a combination of these things
Prohibits monopolies and collusive actions that result in unreasonable restraint of trade, such as price fixing.
The Sherman Act (1890)
Supports the Sherman Act by prohibiting mergers or acquisitions that would unreasonably reduce competition or create monopolies.
The Clayton Act (1914)
Created the Federal Trade Commission (FTC), an agency with the purpose of preventing unfair methods of competition in commerce.
The Federal Trade Commission Act (1914)
Antitrust Violations
Price fixing Group boycotts Market allocation agreements Tie-in arrangements
guilt is determined when there is agreement between competing entities to do or not do an activity that has the effect of always or nearly always restricting competition.
per se

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Antitrust Laws
TermDefinition
antitrust violation involve
a contract, a conspiracy between or among competitors to unreasonably restrain trade, or a combination of these things
Prohibits monopolies and collusive actions that result in unreasonable restraint of trade, such as price fixing.
The Sherman Act (1890)
Supports the Sherman Act by prohibiting mergers or acquisitions that would unreasonably reduce competition or create monopolies.
The Clayton Act (1914)
Created the Federal Trade Commission (FTC), an agency with the purpose of preventing unfair methods of competition in commerce.
The Federal Trade Commission Act (1914)
Antitrust Violations
Price fixing Group boycotts Market allocation agreements Tie-in arrangements
guilt is determined when there is agreement between competing entities to do or not do an activity that has the effect of always or nearly always restricting competition.
per se
The The Maryland Antitrust Act makes it unlawful to:
Any contract, combination or conspiracy in restraint of trade or commerce within the state. Any conspiracy, combination or attempt to monopolize trade or commerce within the state. Discriminatory practices that lessen competition.
when two or more parties conspire to set prices for goods or services at the same or similar level.
Price fixing
occurs when real estate professionals from competing firms agree to divide their market—by geography, price range, property type, etc.—and then refrain from competing for business.
Market allocation
An antitrust violation in which the providing of one service is made dependent on the customer or client obtaining another.
tie-in arrangement