Constitutional law antitrust

What is the law of antitrust?
The Sherman Antitrust Act
This law prohibits conspiracies that unreasonably restrain trade.
Under the Sherman Act, agreements among competitors to fix prices or wages, rig bids, or allocate customers, workers, or markets, are criminal violations._{Aug 31, 2023}.
[PDF] Constitutional Traditions and Competition Law Regimes: A Primer
Rockefeller's Standard Oil is one of the most well-known antitrust law examples.
The company dropped prices by more than 50 percent and bought up several of its competitors.
As its control of the market increased, the company lowered production costs and prices even more while still making bigger profits..
The Sherman Antitrust Act was based on the constitutional power of Congress to regulate interstate commerce. (For more background, see previous milestone documents: the Constitution, Gibbons v.
Ogden, and the Interstate Commerce Act.)
“Antitrust laws . . . are the Magna Carta of free enterprise.
They are as important to the preservation of economic freedom and our free-enterprise system as the Bill of Rights is to the protection of our fundamental personal freedoms.” United States v.
Topco Associates, Inc., 405 U.S. 596, 610 (1972).

ABSTRACT: Antitrust is today viewed almost exclusively in strictly economic terms. Under the nearly ubiquitous “rule of reason,” conduct is condemned or.

Categories

Constitutional law antitrust

What is the law of antitrust?

[PDF] Constitutional Traditions and Competition Law Regimes: A Primer