Anti-Trust Laws Made Simple
For over 100 years, three sources have formed the basis for U.S. anti-trust law, the Sherman Act, the Clayton Act, and the FTC Act. Parties committing anti-trust violations face stiff penalties, including imprisonment and fines as high as 100 million dollars or more. This course explains anti-trust violations and provides a number of scenarios to demonstrate what is and is not legal. There are numerous ways harm can befall the consumer, whether through one corporation monopolizing the marketplace, multiple corporations agreeing not to compete with one another, and more. You are shown additional examples here, including whether certain conduct is proper when dealing with suppliers, mergers, and trade associations. You are also provided definitions for key anti-trust concepts such as price fixing, bid rigging, and illegal market divisions. Utilize the information presented in this training video to better understand anti-trust laws and identify where violations may occur.