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antitrust law |
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antitrust lawAny law restricting business practices that are considered unfair or monopolistic. Among U.S. laws, the best known is the Sherman Antitrust Act of 1890, which declared illegal “every contract, combination…or conspiracy in restraint of trade or commerce.” The Clayton Antitrust Act of 1914, as amended in 1936 by the Robinson-Patman Act, prohibits discrimination among customers through prices or other means; it also prohibits mergers or acquisitions whenever the effect may be “to substantially lessen competition.” Labour unions are also subject to antitrust laws. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The two companies signed a letter of intent to close the deal this year after going through a waiting period required by antitrust legislation. Cemex by Latin Trade Maybe the mention of antitrust legislation evoked subliminal images of unfair competition, tipping the balance of Kerry's mind and causing miswired synapses to fire. Thus government "bail out" of the industry, lax bankruptcy laws and stricter antitrust legislation to aid competition can be potentially damaging to the industry. |
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