antitrust law, any law restricting business practices considered unfair or monopolistic. The United States has the longest standing policy of maintaining competition among business enterprises through a variety of laws. The best known is the Sherman Antitrust Act of 1890, which declared illegal “ever...
Chinese antitrust cases have grown more common and complicated in recent years. The people's courts in China have released 656 rulings[1] in private antitrust cases since the PRC Anti-monopoly Law ("AML") went into ...
美国反垄断法(AntitrustlawoftheUnitedStates) Mainly:prohibitmonopolyagreementsandmonopolisticbehavior; limitthemarketconcentration,corporatemergersandother acts;consumerrightsprotectionandtheprohibitionofunfair competitionbehavior Here'saquote: TheantitrustlawoftheUnitedStatesconsistsofthreelaws, namely,theShermanantiTru...
Antitrust laws don’t prohibit a company from controlling a large share of the market if they do it by innocent means. What antitrust laws prohibit are acts intended to form a monopoly by using unfair tactics. The courts use what’s called the “rule of reason” test in order to determi...
The solution to this corporation-as-monopoly problem was not, as many critics demanded, the unwinding of corporations, or restrictions placed on new ones, but rather the opposite: starting in 1837 a wave of states passed laws allowing anyone to create a corporation, making the entire argument ...
Twitter Google Share on Facebook antitrust laws Also found in:Thesaurus,Medical,Legal,Financial,Encyclopedia. A group of laws intended to prevent practices that tend to restrict competition such as price fixing and the formation of monopolies. ...
The government has made certain rules for ensuring that the firms don't gather and form monopolies to exploit the market. These laws were called antitrust laws. The main aim of these laws was to promote healthy competition in the market....
a. Why should a business be worried about TORT laws? b. What makes these laws important to companies? Why do economies of scale often result in monopolistic or oligopolistic markets? Why has the US Government allowed Luxottica to create a monopoly in the Glasses market?
these include preventing mergers and acquisitions that may "substantially lessen competition or tend to create a monopoly," preventing discriminatory prices, services, and allowances in dealings between merchants, requiring large firms to notify the government of possible...
Antitrust laws are the broad group of state and federal laws that are designed to make sure businesses are competing fairly. The “trust” in antitrust refers to a group of businesses that team up or form a monopoly to dictate pricing in a particular market. ...