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Sherman Antitrust Act
(redirected from Sherman Antitrust)

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Sherman Antitrust Act
The first legislation passed in the United States limiting trusts and monopolies. The Act prohibits agreements and collusion restricting trade, without providing many specifics. The Act was largely unenforced against the organizations it was intended to curtail. Indeed, the Act was invoked early on to restrict organized labor more than any other group. As a result, Congress passed the Clayton Act in 1914 to clarify American antitrust law. The Sherman Act has been criticized by many, notably Ayn Rand and her followers, for unfairly and inefficiently restricting the Invisible Hand of the market.
Sherman Antitrust Act
An 1890 federal antitrust law intended to control or prohibit monopolies by forbidding certain practices that restrain competition. In the early 1900s, the U.S. Supreme Court ruled that the Act applied only to unreasonable restraints of trade and thus could be used only against blatant cases of monopoly.
Sherman Antitrust Act

One of the antitrust laws designed to encourage competition and discourage monopolies.
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Costco claims the Washington Liquor Control Board regulations that prevent it from negotiating directly with producers is unconstitutional and violates the federal Sherman Antitrust Act, which says every contract or conspiracy in restraint of trade or commerce among states or foreign nations is illegal.
Wineries also wary of the Costco lawsuit by Modern Brewery Age
In this recent federal case, a hospital which allegedly had a monopoly and also had "tying" agreements with health care providers was alleged to be in violation of the Sherman Antitrust Act as well as state antitrust laws.
Surgical center alleges monopoly & anti-trust violations by Tammelleo, A. David / Hospital Law's Regan Report
Over the past 15 years, the courts have become much more rigorous about what constitutes a violation of the Sherman Antitrust Act and Microsoft is at the focal point of that discussion because of its antitrust lawsuit.
CORPEDIA DEBUTS WEB-BASED TRAINING IN ANTITRUST LAWS by Multimedia Publisher
 
 
 
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