Sherman Antitrust Act Archives

Sherman Antitrust Act

February 28, 2017 by: Content Team

The Sherman Antitrust Act was established as a way to keep competition fair in the business world. It did this by making it a crime to monopolize any part of the trade or commerce systems. The term “antitrust” refers to the laws that are put in place to protect commerce from unfair business practices that could limit competition and, as […]

Legislation & Governmental Agencies

Monopoly

September 7, 2016 by: Content Team

The term monopoly refers to a situation in which a single person or organization is the only supplier of a particular commodity or service. In order for a monopoly to exist, there must be a lack of competition in the production of the good or offering of the service, as well as a lack of legitimate alternatives to the product […]

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Legislation & Governmental Agencies