Antitrust Law Progression in USA

By OhioEagles32

  • Sherman Act

    First antitrust law and it established standards for the US enforcement of antitrust policy

  • Standard Oil v USA

    Structural remedy, breakup monopoly

  • Federal Trade Commission Act

    outlaws unfair methods of competition

  • Clayton Act

    Amendment to Sherman Act that specifically prevents certain types of business activities

  • US Steel vs USA

    Dominant firms in a market are protected from Section 2 violations

  • Thatcher Manufactoring Co. vs FTC

    Clayton does not apply to asset purchases

  • Robinson-Patman Act

    close loopholes in Section 2 of Sherman

  • Aluminum Company of America vs USA

    Precedent created: overwhelming market share violates Section 2 of Sherman UNLESS unavoidable

  • Celler-Kefauver Act

    Filled loophole of Section 7 of Clayton Act

  • Brown Shoe Co vs USA

    Horizontal mergers banned even in competitive markets

  • Philadelpheia National Bank v USA

    Horizontal Mergers are "per se" illegal

  • General Dynamics Corp v USA

    BIG SWING, signaled that court no longer sides with DOJ and FTC in all merger cases

  • Waste Management In v USA

    Market share does not mean the price will increase because of "low barriers to entry" into the market

  • Hart-Scott-Robino Act

    Modern legal structure for horizontal mergers

  • Aspen Skiing Company vs Aspen Highlands Skiing Company

    Court's ruling: Anti competitive or exclusionary means used to acquire. main, or use that monopoly power is illegal

  • Antiturst Criminal Penalty Enhancement Act

    Set fines of corporations at $100 million per violation &
    Set fines of individuals at $1 million per violation + max 10 year jail sentence per violation