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Topic: Sherman Antitrust Act


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In the News (Sun 22 Nov 09)

  
  Sherman Antitrust Act — Infoplease.com
The act, based on the constitutional power of Congress to regulate interstate commerce, declared illegal every contract, combination (in the form of trust or otherwise), or conspiracy in restraint of interstate and foreign trade.
The Sherman Act authorized the federal government to institute proceedings against trusts in order to dissolve them, but Supreme Court rulings prevented federal authorities from using the act for some years.
Antitrust legislation is primarily regulated by the Antitrust Division of the Dept. of Justice and the FTC.
www.infoplease.com /ce6/history/A0844878.html   (625 words)

  
  Sherman Antitrust Act - Wikipedia, the free encyclopedia
The Act was signed by President Benjamin Harrison in 1890 and was named for its author, Senator John Sherman of Ohio.
The Act was not used in court cases for some years, but Theodore Roosevelt used the Act extensively in his antitrust campaign, managing to divide the Northern Securities Company.
Some alleged violations of the Sherman Act are not prosecuted criminally, but rather are adjudicated in civil proceedings under a "rule of reason" standard, which examines the economic benefits and harm of allegedly anticompetitive conduct to determine whether it is, on balance, beneficial to consumers and should be permitted to continue.
en.wikipedia.org /wiki/Sherman_Antitrust_Act   (1185 words)

  
 Printable Version on Encyclopedia.com
Antitrust action sharply declined in the 1920s, but under President Franklin Delano Roosevelt new acts supplementary to the Sherman Antitrust Act were passed (e.g., the Robinson-Patman Act), and antitrust action was vigorously resumed.
The Hart-Scoss-Rodino Antitrust Improvement Act (1976) made it easier for regulators to investigate mergers for antitrust violations, but few mergers were blocked during the merger boom of the 1980s, when the FTC and Justice Dept. adopted a looser interpretation of antitrust legislation.
Antitrust legislation is primarily regulated by the Antitrust Division of the Dept. of Justice and the FTC.
www.encyclopedia.com /printable.aspx?id=1E1:ShermanA   (416 words)

  
 Sherman Antitrust Act and monopolies
The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit abusive monopolies, and in some ways it remains the most important.
Sherman was an expert on the regulation of commerce and was the chief author of the Sherman Antitrust Act.
Antitrust enforcement waned during the booming 1920s, but it was revived during the administration of President Franklin Delano Roosevelt and additional acts were passed to bolster the government's antitrust powers.
www.bellevuelinux.org /sherman.html   (1483 words)

  
 Sherman Antitrust Act: Facts and details from Encyclopedia Topic   (Site not responding. Last check: )
Antitrust or competition laws, legislate against trade practices that undermine competitiveness or are considered to be unfair....
John sherman (may 10, 1823-october 22, 1900) was a senator from ohio and a member of the united states cabinet....
In the united states, the clayton antitrust act of 1914 was enacted to remedy perceived deficiencies in antitrust law created under the sherman antitrust...
www.absoluteastronomy.com /encyclopedia/s/sh/sherman_antitrust_act.htm   (1088 words)

  
 Sherman Antitrust Act on Encyclopedia.com   (Site not responding. Last check: )
In class action suit by vitamin buyers against vitamin distributors, U.S. Supreme Court holds that Sherman Act does not reach foreign antitrust activity occurring within and outside United States that causes injury to foreign customer where that injury is independent of any injury to domestic customer.
In private antitrust action against two leading auction houses, Second Circuit holds that Foreign Trade Antitrust Improvements Act of 1982 did not overrule prior circuit law on applicability of Sherman Act to antitrust violations committed abroad.
Second Circuit dismisses claim for excessive service fees for EURO currency exchanges holding that Sherman Act does not reach foreign antitrust activity occurring within and outside United States that causes injury to foreign customer where that injury is independent of any injury to domestic customer.
www.encyclopedia.com /html/S/ShermanA1.asp   (753 words)

  
 Clayton Antitrust Act - MSN Encarta
Clayton Antitrust Act, legislation passed by the United States Congress in 1914 to prohibit certain monopolistic practices that were then common in finance, industry, and trade (see Monopoly).
Sponsored by the Alabama congressman Henry De Lamar Clayton, the Clayton Antitrust Act was adopted as an amendment to the Sherman Antitrust Act.
The act permitted individual suits for damages from discrimination or exclusive selling or leasing, and made directors or officers of corporations responsible for infractions of the antitrust laws.
encarta.msn.com /encyclopedia_761568627/Clayton_Antitrust_Act.html   (298 words)

  
 Antitrust & Competition Law
The Clayton Antitrust Act of 1915 was enacted in the United States to add further substance to the U.S. antitrust law regime.
Statutory provisions and guidelines of the antitrust division.
Sherman Antitrust Act, 1890, first measure passed by the U.S. Congress to prohibit trusts; it was named for Senator John Sherman.
www.hg.org /antitrust.html   (1429 words)

  
 Sherman Antitrust Act - Wikipedia, the free encyclopedia   (Site not responding. Last check: )
The Sherman Anti-Trust Act,15 U.S.C. § 1, was the first government action to limit trust companies (A corporate front for a combination of firms or corporations who agree not to lower prices below a certain rate for the purpose of reducing competition and controlling prices throughout a business or an industry).
The Act was aimed at regulating the businesses of the time, but it was not specific (It did not specifically refer to a monopoly, instead prohibiting unlawful business combinations).
For many years the Sherman Act was not enforced criminally, but Congress ultimately criminalized violations of the act and has significantly increased the penalties for criminal violations of the Sherman Act over the years, first making it a felony, then increasing the maximum fines and terms of imprisonment for violations.
www.selma.us /project/wikipedia/index.php/Sherman_Antitrust_Act   (671 words)

  
 COURT TV ONLINE - TRIALS
While the Sherman Act made it illegal to monopolize or to restrain trade through unfair collaborations or conspiracies, the statute didn't specify exactly what conduct would be prohibited.
Furthermore, the act was often used to prosecute labor unions rather than trusts, an eventuality that flew in the face of the statute's protect-the-common-man spirit.
Antitrust practices have experienced a renaissance under the Clinton Administration as a result of the expanding economy and the political climate.
www.courttv.com /trials/microsoft/primer.html   (1247 words)

  
 Sherman Antitrust Act – Wikipedia
Der Sherman Antitrust Act war die erste Rechtsquelle für das US-amerikanische Wettbewerbsrecht gegen die Beschränkung des Marktes durch Marktmacht.
Gefolgt wurde es 1914 vom Clayton Act, welcher das Gesetz ergänzte und präzisierte.
Microsoft wurde 1991 ebenfalls angeklagt, gegen den Sherman Antitrust Act verstoßen zu haben, das Verfahren endete 1994 mit einem Vergleich.
de.wikipedia.org /wiki/Sherman_Antitrust_Act   (328 words)

  
 Clayton Antitrust Act - Wikipedia, the free encyclopedia
In the United States, the Clayton Antitrust Act of 1914, Act of Oct. 15, 1914, ch.
The Clayton Act is enforced by the Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice.
Section 6 of the Act (codified at 15 U.S.C.) exempts labor unions and agricultural organizations.
en.wikipedia.org /wiki/Clayton_Antitrust_Act   (162 words)

  
 Sherman Antitrust Act (1890)   (Site not responding. Last check: )
These two provisions, which comprise the heart of the Sherman Act, are enforceable by the Department of Justice through litigation in the federal courts.
For more than a decade after its passage, the Sherman Act was invoked only rarely against industrial monopolies, and then not successfully, chiefly because of narrow judicial interpretations of what constitutes trade or commerce among states.
One of these was the Clayton Antitrust Act, which elaborated on the general provisions of the Sherman Act and specified many illegal practices that either contributed to or resulted from monopolization.
www.owlnet.rice.edu /~engi202/sherman.html   (492 words)

  
 CONSORTIUM AND STANDARDS LIST   (Site not responding. Last check: )
The Act is named after Senator John Sherman, who first proposed the Act to address growing concern over the rapidly increasing prominence of large corporations, corporate trusts and business combinations in the US economic landscape toward the end of the nineteenth century.
The reach of the Sherman Act increased during the Taft and Wilson administrations, with the enactment of the Clayton Antitrust Act and the establishment of the Federal Trade Commission in 1914.
Finally, as federal antitrust agencies began broadening their interpretations of the antitrust statutes in the 1980s and 1990s, antitrust enforcement reached new heights, beginning with the 1982 breakup of the ATandT monopoly, and culminating with the widely publicized Microsoft Case.
www.consortiuminfo.org /antitrust/sherman.shtml   (340 words)

  
 [No title]   (Site not responding. Last check: )
Antitrust legislation in other countries is much weaker than that in the U.S. because of economies of scale, lack of a strong ideology supporting competition, and strong cultural ties between government and business.
The 1914 Clayton Antitrust Act made four specific monopolistic practices illegal when their effect was to lessen competition: a.
The Sherman Antitrust Act made price discrimination, tie-in contracts, and interlocking directorships illegal when their effect was to lessen competition.
www.hcc.cc.il.us /staff/billm/fall04/sgch15e.doc   (4333 words)

  
 Articles - Sherman Antitrust Act   (Site not responding. Last check: )
The Sherman Act provides: "Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal" (see).
The Act used the word "antitrust" because some of the genesis for the law was the activity of the Standard Oil trust.
Although the Act was aimed at regulating the businesses of the time, it was not specific (it did not specifically refer to a ´´monopoly´´;, instead prohibiting ´´combinations in restraint of trade´´).
www.zdiamond.net /articles/Sherman_Antitrust_Act   (1159 words)

  
 usnews.com: The People's Vote: Sherman Anti-Trust Act (1890)
The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit trusts.
Ogden, and the Interstate Commerce Act.) The Sherman Anti-Trust Act passed the Senate by a vote of 51–1 on April 8, 1890, and the House by a unanimous vote of 242–0 on June 20, 1890.
The Sherman Act was designed to restore competition but was loosely worded and failed to define such critical terms as “trust,”; “combination,” “conspiracy,” and “monopoly.”; Five years later, the Supreme Court dismantled the Sherman Act in United States v.
www.usnews.com /usnews/documents/docpages/document_page51.htm   (622 words)

  
 The 1890 Sherman Antitrust Act
Congress passed this act in 1890, and this is the source of all American anti monopoly laws.
Theodore Roosevelt committed himself in 1901 and during both of his mandates to a strong war against monopolies, launching the federal government in 1906 in a lawsuit against the Standard because of discriminatory practices on the market, abuse of power and excessive control on the American oil industry.
This is a landmark ruling in the economic history of the USA, and is the basis for a new doctrine in American antitrust policy, called the rule of reason (because of the famous unreasonable restraints to trade mentioned in the Sherman Antitrust Act.
www.micheloud.com /FXM/SO/antitrust.htm   (435 words)

  
 Sherman Antitrust Act
Every person who shall make any such contract or engage in any such combination or conspiracy, shall be deemed guilty of a misdemeanor, and, on conviction thereof, shall be punished by fine not exceeding five thousand dollars, or by imprisonment not exceeding one year, or by both said punishments, in the discretion of the court.
The several circuit courts of the United States are hereby invested with jurisdiction to prevent and restrain violations of this act; and it shall be the duty of the several district attorneys of the United States, in their institute proceedings in equity to prevent and restrain such violations.
That the word "person," or "persons," wherever used in this act shall be deemed to include corporations and associations existing under or authorized by the laws of either the United States, the laws of any of the Territories, and the laws of any State, or the laws of any foreign country.
www.civics-online.org /library/formatted/texts/sherman_antitrust.html   (264 words)

  
 Clayton Antitrust Act
The act prohibited exclusive sales contracts, local price cutting to freeze out competitors, rebates, interlocking directorates in corporations capitalized at $1 million or more in the same field of business, and intercorporate stock holdings.
The Clayton Antitrust Act was the basis for a great many important and much-publicized suits against large corporations.
Robinson-Patman Act - Robinson-Patman Act, passed by the U.S. Congress in 1936 to supplement the Clayton Antitrust Act.
www.factmonster.com /ce6/history/A0812484.html   (267 words)

  
 Sherman Antitrust Act
Antitrust action sharply declined in the 1920s, but under President Franklin Delano Roosevelt new acts supplementary to the Sherman Antitrust Act were passed (e.g., the
for antitrust violations, but few mergers were blocked during the merger boom of the 1980s, when the FTC and Justice Dept. adopted a looser interpretation of antitrust legislation.
Antitrust Act - Antitrust Act: see Clayton Antitrust Act; Sherman Antitrust Act.
www.factmonster.com /ce6/history/A0844878.html   (467 words)

  
 [No title]
Once a solid foundation on the Sherman Act has been built by using the code, legal encyclopedias, and secondary source, it is recommended that the legal professional locate looseleafs and periodicals for specific Sherman Act information.
The Antitrust Law Journal is published by the ABA Section of Antitrust Law as a service to its members and for the benefit of lawyers practicing in the field of antitrust law and trade regulation.
Antitrust Law and Economics Law Review is a quarterly journal devoted to articles that examine the economic aspects of antitrust law, including the Sherman Act.
www.tc.umn.edu /~g-jack/pathfinders/F02_list_11.doc   (14002 words)

  
 New England International and Comparative Law Annual - 1997 - US & EU Competition Ideals
Decisions reflective of the "Harvard School" approach to antitrust policy are no longer rendered unless a market is concentrated on by a firm to such an extent that there is a virtual retardation of free and fair opportunities for competitors to compete due to many barriers to entry.
The concept of intent to monopolize in United States antitrust law was born out of judicial interpretation of the term "monopolize" in Section 2 of the Sherman Antitrust Act.
It honored the "Harvard School" approach to antitrust law, was in line with the Community Court's treatment of abuse, and served as the foundation for judicial recognition of specific intent to monopolize as a requirement for a finding of actual monopolization.
www.nesl.edu /intljournal/vol3/ideals.htm   (9338 words)

  
 Thesis on Sherman Antitrust Act
The Sherman Antitrust Act was first enacted in 1890 by the United States Congress.
The act was named for U.S. Senator John Sherman because he was an expert on the regulation of commerce and he first proposed the act.
One of the two was the Clayton Antitrust Act.
www.emailessay.com /paper/Sherman_Antitrust_Act-119186.html   (192 words)

  
 Antitrust - Wex   (Site not responding. Last check: )
The Sherman Act was designed to maintain economic liberty, and to eliminate restraints on trade and competition.
The Sherman Act is the main source of Antitrust law.
The Sherman Act is a Federal statute and as such has a scope limited by Constitutional constraints on the Federal government.
www.law.cornell.edu /topics/antitrust.html   (305 words)

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