Antitrust Law - Antitrust Law What is antitrust law? o A...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Antitrust Law What is antitrust law? o A series of laws intended to promote abundant, fair competition in the marketplace Antitrust Legislation o Sherman Act 1980 Section 1 Every contract, combination, or conspiracy in restraint of trade is declared to be illegal o Price fixing o Geographic territory allocation Standards of Review under Section 1 Per se illegality – certain activities are always unreasonable as a matter of law o Price fixing Rule of Reason – agreements illegal only if they constitute an undue or unreasonable restraint of trade o Clayton Act of 1914 (amended 1936 and 1950) Price Discrimination – you cannot sell the same good for different prices to different customers unless: In bulk Perishable items To beat a competing price Special Arrangements Tying contracts – you can’t just buy Jordan’s, you have to buy all Nike shoes as well Reciprocal dealing – if you want us to buy our product/service, you have to
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/26/2011 for the course LEGL 2700 taught by Professor Reed during the Spring '07 term at University of Georgia Athens.

Page1 / 2

Antitrust Law - Antitrust Law What is antitrust law? o A...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online