{"id":11417,"date":"2017-12-24T04:04:15","date_gmt":"2017-12-24T04:04:15","guid":{"rendered":"https:\/\/reunitethestates.org\/?page_id=11417"},"modified":"2017-12-24T05:05:35","modified_gmt":"2017-12-24T05:05:35","slug":"antitrust-injury-damage-loss-or-harm-caused-by-anticompetitive-conduct-that-violates-antitrust-laws-i-e-a-vertical-maximum-price-fixing-conspiracy-that-results-in-predatory-pricing","status":"publish","type":"page","link":"https:\/\/reunitethestates.org\/?page_id=11417","title":{"rendered":"Antitrust Injury – damage, loss, or harm caused by anticompetitive conduct that violates antitrust laws (i.e. a vertical maximum-price-fixing conspiracy that results in predatory pricing)"},"content":{"rendered":"

antitrust injury<\/span>:<\/span>
\n<\/strong>(1958)<\/span><\/p>\n

1. Damage, loss, or harm caused by anticompetitive conduct that violates antitrust laws.\u00a0 *\u00a0 An example is a vertical maximum-price-fixing con<\/strong>spiracy that results in predatory pricing.\u00a0<\/strong> See Atl. Richfield Co. v. USA Petroleum Co<\/strong><\/span><\/em>., 495 U.S. 328, 334-35, 110 <\/strong>S. Ct. 1884, 1889 (1990)<\/strong><\/span>. [1]
\n<\/span><\/p>\n

antitrust acts<\/span>:<\/strong><\/span><\/p>\n

1. Statutes, a prime example of which is the Federal Antitrust Act, which prohibit all contracts, combinations, and arrangements in the form of trust, pools, or otherwise, among individuals, partnerships, and corporations, which operate to established or maintain a monopoly in the manufacture or production, or sale of any commodity of general use in the jurisdiction, or which are in restraint f trade.\u00a0 36 Am J1st Moop etc. \u00a7 119<\/span>.\u00a0<\/strong>[2] <\/span><\/p>\n

1. Statutes that prohibit monopolies in the production or sale of goods or services which interfere with trade or fair competition.\u00a0<\/strong> See restraint of trade. <\/em>[3]<\/span><\/p>\n

Clayton Act<\/span>:<\/strong><\/span><\/p>\n

1. A federal statute, approved by the President on October 15, 1914, having the purpose of protecting the public against the evils resulting form a lessening of competition, and forbidding certain practices in business which reduce competition and price discriminations.\u00a0 15 USC \u00a7\u00a7 12-27; 36 Am J1st Monop etc \u00a7\u00a7 141, 142<\/span>.<\/span><\/strong><\/p>\n

Sherman Antitrust Act<\/span>:<\/strong><\/span><\/p>\n

1. The federal antitrust act which denounces contracts, contributions, and conspiracies in restraint of trade or commerce, supplemented by the Wilson Tariff Act and the Clayton Act.\u00a0 15 USC \u00a7\u00a7 1 et seq; 36 Am J1st Monop etc. \u00a7 141<\/span>.<\/span><\/strong><\/p>\n

Wilson Act<\/span>:<\/span><\/strong><\/p>\n

A federal statute relating to the liquor traffic, better known as the Original Packages Act.\u00a0 30 Am J Rev ed Intox L \u00a7 45<\/span>.<\/span><\/strong><\/p>\n

An act of Congress providing that intoxicating liquors coming into a state should be as completely under the control of the state as the liquor had been manufactured therein.\u00a0 Delamater v South Dakota<\/em>, 205 US 93, 51 L Ed 724, 27 S Ct 447<\/span>.<\/span><\/strong><\/p>\n

A federal statute of August 27, 1894, supplementing the Sherman Anti-Trust Act, being directed against monopolies.\u00a0 36 Am J1st Monop etc \u00a7 141<\/span>.<\/span><\/strong><\/p>\n

antitrust affidavit<\/span>:<\/strong><\/span><\/p>\n

1. A verified statement required by statute in some states of corporations doing business in the state.\u00a0 Such statement must be filed annually with the secretary of state and must disclose any connection of the corporation with combination, pools, trusts, and like combinations in restraint o trade or commerce.\u00a0 36 Am J1st Monop etc. \u00a7 123<\/span>.<\/strong> [2]<\/span><\/p>\n

monopoly<\/span>:<\/strong><\/span><\/p>\n

1. A means by which a company, or several companies, suppress competition by illegally acquiring the power to control the manufacture or sale of an article or commodity and, by so doing, acquire the power to fix prices.\u00a0 Monopolization is prohibited by a series of federal antitrust acts. <\/span><\/strong>[3]<\/span><\/p>\n

price fixing<\/span>:<\/strong><\/span><\/p>\n

1. The objective of an unlawful combination in restrain of trade, namely, the setting of prices by competing manufacturers or dealers in cooperation with each other.<\/span><\/strong>
\n\u00a0\u00a0\u00a0\u00a0 See horizontal price-fixing<\/em>; vertical price-fixing<\/em>. [3]<\/span><\/p>\n

References:<\/span><\/span><\/strong><\/p>\n

Disclaimer:<\/span><\/span><\/strong> All material throughout this website is pertinent to people everywhere, and is being utilized in accordance with Fair Use<\/a>.<\/span><\/strong><\/p>\n

\n

[1]: Black’s Law Dictionary <\/a>Deluxe Tenth Edition<\/a><\/span><\/strong> by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4<\/span><\/strong><\/p>\n

[2]:\u00a0Ballantine\u2019s Law Dictionary\u00a0<\/a><\/span><\/strong>with Pronunciations
\n<\/span><\/a><\/em>Third Edition<\/a>\u00a0by James A. Ballantine\u00a0<\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/span><\/em>Edited by William S. Anderson.\u00a0\u00a0\u00a9 1969 by THE LAWYER\u2019S CO-OPERATIVE PUBLISHING COMPANY.\u00a0 Library of Congress Catalog Card No. 68-30931<\/span><\/strong><\/p>\n

[3]:\u00a0\u00a0Ballantine’s Law Dictionary <\/a><\/span><\/strong>Legal Assistant Edition<\/a> <\/b><\/span><\/em>by Jack Ballantine\u00a0<\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/span><\/em>Doctored<\/span><\/a><\/strong>\u00a0<\/span><\/em>by\u00a0Jack G. Handler,\u00a0J.D.<\/a>\u00a0\u00a9 1994 Delmar by Thomson Learning.\u00a0 ISBN 0-8273-4874-6.<\/span><\/strong><\/p>\n

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