PSCI 4396 Lecture 2: anti trust
20 Jan 2016
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Prevent private parties from taking actions that interfere with competitive markets. Ideas have been around before the current statues were put in place. Debate about these things being proper has been happening for a long time. Lots of political influence to reduce these conglomerates. Prohibits contracts, combination, and other things that restrain trade. Combination of a seller and a supplier of a product. Must have done something to acquire or maintain position. Has to be more than mere competition on the merits. Excludes growth due to a superior product or historic accident. Plaintiff has to show the defendant has market power. A seller can charge a price higher than they otherwise could in a healthy https://onedrive. live. com/view. aspx?bsrc=share&bpub=sdx. skydrive&resid=15cdbb404d6f9171!45798&cid=15cdbb404d6f9171&app=onenote&authkey=!al 1/4. Prohibits acquisitions that lead to violations of the sherman antitrust act. All of these only prohibit things that are considered to be unreasonable. Things that look like they violate these laws may not be!
