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Defense Production Act; Long title: An Act to establish a system of priorities and allocations for materials and facilities, authorize the requisitioning thereof, provide financial assistance for expansion of productive capacity and supply, provide for price and wage stabilization, provide for the settlement of labor disputes, strengthen controls over credit, and by these measures facilitate ...
First, Section 1 of the Sherman Act prohibits price fixing and the operation of cartels, and prohibits other collusive practices that unreasonably restrain trade. Second, Section 7 of the Clayton Act restricts the mergers and acquisitions of organizations that may substantially lessen competition or tend to create a monopoly. Third, Section 2 ...
[2] In January 1865, overriding a veto from Governor Richard Yates, the Illinois legislature passed the "Century Franchise", which had by then become known as the "99 years act"/ "99-year franchise act" which extended the franchise of streetcar companies to 99 years. [3] [2] There were strong doubts about the constitutionality of the ...
The Onion Futures Act is a United States law banning the trading of futures contracts on onions as well as "motion picture box office receipts". [1] In 1955, two onion traders, Sam Siegel and Vincent Kosuga, cornered the onion futures market on the Chicago Mercantile Exchange. The resulting regulatory actions led to the passing of the act on ...
Consideration is the central concept in the common law of contracts and is required, in most cases, for a contract to be enforceable. Consideration is the price one pays for another's promise. It can take a number of forms: money, property, a promise, the doing of an act, or even refraining from doing an act.
In an extraordinary departure from usual practices at City Hall, the city’s $100,000 settlement agreement with whistleblowers who were fired by Treasurer Melissa Conyears-Ervin prohibits them ...
Over the past five years, Chicago taxpayers have forked over nearly $400 million to resolve lawsuits stemming from officer misconduct, according to a new analysis of city data. While around 1,300 ...
Illinois Brick Co. v. Illinois, 431 U.S. 720 (1977), is a United States Supreme Court case that involved issues concerning statutory standing in antitrust law.. The decision established the rule that indirect purchasers of goods or services along a supply chain cannot seek damages for antitrust violations committed by the original manufacturer or service provider, but it permitted such claims ...