Anti-trust Laws
acts adopted by Congress to outlaw or restrict
business practices considered to be monopolistic or which restrain interstate
commerce; the Sherman Antitrust Act of 1890 declared illegal "every contract,
combination, or conspiracy in restraint of trade or commerce" between states or
foreign countries; the Clayton Antitrust Act of 1914, amended by the
Robinson-Patman Act of 1936, prohibits discrimination among customers through
pricing and disallows mergers, acquisitions or takeovers of one firm by another
if the effect will "substantially lessen competition"