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ANTITRUST ACT Anti-trust Acts in the Information Age As many people have noticed, recently there has been a huge focus in the media on Bill Gates, and his huge Microsoft
Antitrust Act Anti-trust Acts in the Information Age As many people have noticed, recently there has been a huge focus in the media on Bill Gates, and his huge Microsoft
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
as been accused of violating is the Sherman Antitrust Act and the Clayton Act. The Sherman Antitrust Act established July 2, 1890 provides: "Every contract, combination
new act was passed by lawyer Henry De Lamar Clayton of Alabama and was called the Clayton Antitrust Act. It aimed to re-enforce the Sherman Act by giving the government
Submitted by John4321 on October 23, 2005
Category: Business
Words: 1444 | Pages: 6
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Anti-trust Acts in the Information Age As many people have noticed, recently there has been a huge focus in the media on Bill Gates, and his huge Microsoft Corporation. This past Friday, May 22, 1998, a federal judge combined two lawsuits and set a trial date for September 8, 1998. This trial date will address a government request for a preliminary injunction concerning Windows 98 as well as broader issues. The Sherman Anti-trust Act was passed in 1890. Then in 1914 the Clayton Act was passed to help with Anti-trust Cases. Anti-trust Lawsuits are few and far between, but recently cases against Microsoft are stacking up all around the world. In 1890 the Sherman Anti-trust Act was passed, but it was not until much later that it was enforced. The Act stated "every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations." The Sherman Anti-trust act was too vague and too difficult to enforce. The Clayton Act of 1914 helped this problem by making a more specific attack on monopolies. Things like predatory price-cutting, price discrimination, and acquisition of stock in a competing company with intent to destroy competition all became illegal. John D. Rockefeller is a prime example of monopolies in US History. By buying out competitors, or driving them out of business he obtained nearly 100 percent of the market in oil refining. The Standard Oil Company was eventually forced to dissolve into smaller companies after the case Standard Oil Company vs. United States, 221 U.S. 1 (1911). Before this case the Anti-trust Laws had not been put to much use, which was not to the benefit of consumers. Now the spotlight is on Microsoft Corporation, and their apparent attempt to take over the Internet browser market. Concerns aroused recently because of the expected release of Windows 98, which uses Microsoft Internet Explorer in almost every application it runs. The US government has...
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