BLAW 3230 Lecture Notes - Lecture 9: Sherman Antitrust Act, National Labor Relations Act, Reserve Clause
Document Summary
Chapter 9: antitrust and labor issues in sports. Enacted to regulate business practices among competitors affecting interstate commerce. Promote competition and deter monopolistic practices that ultimately hurt consumers. Forbids contracts, combinations or conspiracies that may unreasonably restrain trade across state lines. Prevents abuse of monopoly power by a single entity: clayton act. Labor unions and labor activities are exempt from sherman act. Doj and ftc approval of merger of two large corps. Prevents merger from creating organization so large it would be too powerful and could hurt consumers. Enforcement: civil and criminal by doj-fines & imprisonment, civil by ftc. Allows employees to organize as a collective bargaining unit to negotiate contract that governs all covered employees as a unit. Attempt to remove courts from having to become involved in labor matter and from abusing their power by issuing injunctions in unionized labor activity. Wagner act: guarantees workers right to join union without repercussions, encourages collective bargaining.
