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In the United States, antitrust law is a collection of mostly federal laws that regulate the conduct and organization of businesses in order to promote competition and prevent unjustified monopolies. The three main U.S. antitrust statutes are the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914.
May 31, 2024 · Antitrust laws are the laws that apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution and marketing. They prohibit a variety of ...
- www.ftc.gov
- › Competition Guidance
- › Guide to Antitrust Laws
The Antitrust Laws. Congress passed the first antitrust law, the Sherman Act, in 1890 as a "comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade." In 1914, Congress passed two additional antitrust laws: the Federal Trade Commission Act, which created the FTC, and the Clayton Act.
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. [1] [2] Competition law is implemented through public and private enforcement. [3] It is also known as antitrust law (or just antitrust [4] ), anti-monopoly law, [1] and trade practices law; the act of ...
- www.ftc.gov
- › Competition Guidance
Guide to Antitrust Laws. Free and open markets are the foundation of a vibrant economy. Aggressive competition among sellers in an open marketplace gives consumers — both individuals and businesses — the benefits of lower prices, higher quality products and services, more choices, and greater innovation. The FTC's competition mission is to ...
Dec 20, 2023 · The Antitrust Division also enforces other federal laws to fight illegal activities that arise from anticompetitive conduct, which includes offenses that impact the integrity of an antitrust or related investigation. Examples include: conspiracies to defraud the United States, mail and wire fraud, money laundering, kickbacks, false statements ...
