In the United States and Canada, and to a lesser extent in the European Union, the modern law governing monopolies and economic competition is still known by its original name, … See more

Although the Sherman Act 1890 initially dealt, in general, with cartels (where businesses combined their activities to the detriment of others) … See more

The law's treatment of monopolies is potentially the strongest in the field of antitrust law. Judicial remedies can force large organizations … See more

The remedies for violations of U.S. antitrust laws are as broad as any equitable remedy that a court has the power to make, as well as being able to impose penalties. … See more

Creation and early years (1890–1910s)
American antitrust law was formally created in 1890 with the U.S. Congress's passage of the See more

Preventing collusion and cartels that act in restraint of trade is an essential task of antitrust law. It reflects the view that each business has a duty to act independently on the market, and so earn its profits solely by providing better priced and quality products … See more

Antitrust laws do not apply to, or are modified in, several specific categories of enterprise (including sports, media, utilities, health care, insurance, banks, and See more