Legal Question in Wills and Trusts in Texas
Antitrust Laws
What are the Anti trust Laws?
Asked on 10/14/03, 10:43 am
2 Answers from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: Antitrust Laws
Antitrust laws are federal & state laws that have nothing to do with wills & trusts for people. They are intended to protect businesses from unlawful restraint, price fixing & monopolies. The main antitrust act is the Sherman Antitrust Act of 1890. You can probably research it more on the internet if you'd like.
Answered on 10/14/03, 11:06 am
Peter Bradie
Bradie, Bradie & Bradie
Re: Antitrust Laws
Those are state and federal laws against monopolistic business practices, restraint of trade, price fixing, and other anti-consumer acts.
The granddaddy of those laws is the Sherman Antitrust Act; a federal statute.
Answered on 10/14/03, 4:21 pm