Antitrust Law HW
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...Antitrust Law Anti-trust laws make it illegal to continue such business practices that encourage monopolistic behavior. The Sherman Antitrust Act 1890 outlawed "every contract, combination…or conspiracy in restraint of trade or commerce" between states or foreign countries (Law.com, 2011). The Sherman Act pronounces such contracts, alliances, and planning illegal that limits flow of commerce between states and in foreign trade as well. Firms in competition cannot reach agreements on price-fixing, manipulating bids, and selection of customers. Monopolistic firm behavior is criminal, therefore, not permitted by the Sherman...