Antitrust Law
In most other countries the terms competition law or policy are used. Some countries also use the terms Fair Trading or Antimonopoly law.
Antitrust law refers to laws dealing with monopoly and monopolistic practices. The terms antitrust law and antitrust policy are used mainly in the United States. In most other countries the terms competition law or policy are used. Some countries also use the terms Fair Trading or Antimonopoly law.
The terms antitrust law and antitrust policy are used mainly in the United States. In most other countries the terms competition law or policy are used. Some countries also use the terms Fair Trading or Antimonopoly law.
Congressional Reform Up to 1950
Dissatisfaction brought new federal laws in 1914.
The first of these was the Clayton Act, which answered the criticism that the Sherman Act was too general.
It declared four practices to be illegal but not criminal: (1) price discrimination—selling a product at different prices to similarly situated buyers; (2) tying and exclusive-dealing contracts.
How are competition words sorted?
By default, the words are sorted by relevance/relatedness, but you can also get the most common competition terms by using the menu below, and there's also the option to sort the words alphabetically so you can get competition words starting with a particular letter.
Origins
Antitrust law originated in reaction to a public outcry over trusts, which were late-nineteenth-century corporate monopolies that dominated U.S. manufacturing and mining.
Trusts took their name from the legal device of business incorporation called trusteeship, which consolidated control of industries by transferring stock in exchange for trust cer.
The Sherman Act and Early Enforcement
In 1890, Congress took aim at the trusts with passage of the Sherman Anti-Trust Act, named for Senator John Sherman (R-Ohio).
It went far beyond the common law's refusal to enforce certain offensive contracts.
Clearly persuaded by the more restrictive view that saw great harm in restraint of trade, the Sherman Act outlawed trusts altogether.
The la.
The U.S. Supreme Court and Evolving Doctrine
Vigorous enforcement of antitrust legislation created an immense body of case law.
After 1950, U.S.
Supreme Court decisions did more than anything else to shape antitrust doctrine.
Two competing outlooks emerged.
One regarded markets as fragile, easily distorted by private firms, and readily correctable through public intervention.
Economic efficie.
What is a combination in competition law?
The Competition laws of various countries use the words combination on concentration, which includes ,the aspect of merger, amalgamation or joint ventures (Section 5 of the competition Act, 2002 (India).
Section 7 of the clayton Act (USA)].
What is competition law in English?
Meaning of competition law in English. the laws that are intended to make sure that there is fair competition between businesses, for example by making rules to control monopolies:
In the debate on the enforcement of competition law many take the view that Europe should not fall into the trap of excessive litigation. What is the synonym of competition?
competition, contention, rivalry(noun) the act of competing as for profit or a prize. "the teams were in fierce contention for first place" Synonyms:
rival contestation competitor disceptation competition disputation contender argument arguing contention challenger contest tilt controversy. 