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The Sherman Antitrust Act
The Sherman Antitrust Act was the first Federal act that outlawed monopolistic business practices.The law was passed in Congress under Senator John Sherman of Ohio. The Sherman Antitrust Act was to regulate interstate commerce. -
United States v. American Tobacco Co.(The Sherman Antitrust Act)
The American Tobacco Co. was being sued for monopolizing the tobacco industry. The Supreme court ruled favor for the plaintiff and ordered the American Tobacco Co. to destroy unified control and divide monopoly's assets to other tobacco assets to other companies. The United States Department of Justice issued the case against the company. -
Federal Trade Commission
The FTC offers a wide range of antitrust and consumer protection laws which protects consumers from unfair competition, unfair or deceptive acts when buying and selling goods or purchases. -
The Clayton Act
This act was passed through Congress in 1914 which indicates unethical business practices such as price fixes, monopolies, and upholds various rights of labors. -
United States v. Continental Can Co (the Clayton Act)
The government sued a metal container company, Continental Can Co in violation of the Clayton Act.It is ordered for them to divestiture into selling different products because the company had bought Hazel Atlas Glass Company and then stopped producing glass containers to sell more metal containers. The court ruled in favor of the can company because the government couldn't provide reasonable probability of lessen competition. The US Commerce was in charge of prosecuting the offenders. -
FTC v. Consolidated Foods (The Clayton Act)
Gentry Inc owns a food processing plant, and a network of wholesale and retail food stores is accused of violating the Clayton Act for lessening the competition and ordered divestiture.The court ruled in favor of Gentry after finding no substantial impact on the market. The Federal Trade Commission was in charged prosecuting the offenders. -
Facebook & FTC
Facebook has been sued by the FTC for violating the their privacy promises to its users containing personal information and deceiving users with their ability to control the privacy of their information. The Supreme Court ruled in favor of the FTC and ordered Facebook to pay $5 billion in penalty charges. The US Trade Commission sued Facebook. -
AT&T & FTC
AT&T, is an American telecommunication company that offers data plans for cell phone use. AT&T was sued for misleading millions of consumers by charging them "unlimited data" while reducing their data speeds. FTC won the case and AT&T had to pay $60 million to FTC over the allegations. The US Department of Justice was in charge of the prosecuting the offenders. -
Ohio v American Express (The Sherman Antitrust Act)
Ohio sued American Express because Ohio accused AMEX for violating the The Sherman Antitrust Act because of AMEX's anti steering provisions.Under contracts, merchants who accept American Express can't encourage customers to use other credit cards even if other credit cards may charge merchants a lower fee.The court was favored in American Express side with a ruling of 5-4.The US department of justice sued Ohio.
