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The United States Department of Justice as well as the Federal Trade Commission has jurisdiction over violations of antitrust laws. Alleged violations are investigated by federal agents and if found to violate any antitrust laws, legal action is initiated.
There are three major federal antitrust laws: The Sherman Antitrust Act, the Clayton Act and the Federal Trade Commission Act.
In 2000, in an antitrust lawsuit brought against Microsoft, a U.S. federal court judge ruled against the company.
The US cabinet agency that enforces the laws of the federal government is the Department of Justice (DOJ). The agency is responsible safety of the public from foreign and domestic threats.
An antitrust attorney can be found in law firms that specialize in antitrust law, or in the antitrust division of government agencies such as the Department of Justice or the Federal Trade Commission. Antitrust attorneys may also work in-house for corporations that have significant antitrust issues or concerns.
One of the key legislations that strengthened federal laws against monopolies was the Sherman Antitrust Act of 1890. This act aimed to prevent the formation of monopolies or cartels that could restrain trade and limit competition. It prohibited any agreements or actions that would result in the restraint of trade or the monopolization of an industry.
Federal Court
The 1914 Clayton Antitrust Act Labor excluded unions and agricultural cooperatives from antitrust laws
In addition to creating the Department of Commerce and Labor, Congress passed the Expedition Act, which gave federal anti-trust suits precedence on the dockets of circuit courts.
In addition to creating the Department of Commerce and Labor, Congress passed the Expedition Act, which gave federal anti-trust suits precedence on the dockets of circuit courts.
Sherman Antitrust Act Clayton Antitrust Act of 1914
1. sherman Antitrust act 2. Clayton Antitrust Act 3. Federal trade Commision Act 4. Robinson Patman Act