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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 ...
It is also known as antitrust law (or just antitrust [4]), anti-monopoly law, [1] and trade practices law; the act of pushing for antitrust measures or attacking monopolistic companies (known as trusts) is commonly known as trust busting. [5] The history of competition law reaches back to the Roman Empire.
United States v. Alcoa, 148 F.2d 416 (2d Cir. 1945), [1] is a landmark decision concerning United States antitrust law.Judge Learned Hand's opinion is notable for its discussion of determining the relevant market for market share analysis and—more importantly—its discussion of the circumstances under which a monopoly is guilty of monopolization under section 2 of the Sherman Antitrust Act.
WASHINGTON (Reuters) -A U.S. judge ruled on Monday that Google violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world's default search engine, the ...
Google’s app store practices violate US antitrust law and the search giant has illegally operated a monopoly in Android app distribution, a federal jury said Monday evening.
United States of America v. Microsoft Corporation, 253 F.3d 34 (D.C. Cir. 2001), was a landmark American antitrust law case at the United States Court of Appeals for the District of Columbia Circuit.
DOJ's Apple antitrust lawsuit. The Justice Department sued Apple in March, accusing it of violating antitrust laws by illegally maintaining a smartphone monopoly. More than a dozen states have ...
The law attempts to prevent the artificial raising of prices by restriction of trade or supply. [2] "Innocent monopoly", or monopoly achieved solely by merit, is legal, but acts by a monopolist to artificially preserve that status, or nefarious dealings to create a monopoly, are not.