antitrust

abandoned application

An “abandoned application” refers to the abandonment of a patent or trademark application. An application is removed from the docket of pending applications at the U.S. Patent and Trademark Office when the applicant (either directly or...

agreement

An agreement is a manifestation of mutual assent by two or more persons to one another.

It is a meeting of the minds in a common intention, and is made through offer and acceptance. An agreement can be shown from words, conduct, and in some...

antitrust

Antitrust refers to the regulation of the concentration of economic power, particularly in regard to monopolies and other anticompetitive practices. Antitrust laws exist as both federal statutes and state statutes. The three key federal...

antitrust laws

The three key federal statutes in Antitrust Law are Sherman Act Section 1, Sherman Act Section 2, and the Clayton Act.

The Per Se Rule v. the Rule of Reason:

Violations under the Sherman Act take one of two forms -- either...

antitrust violations

Antitrust violations occur when an antitrust law is broken; laws protecting trade and commerce from abusive practices such as price-fixing, restraints, price discrimination, and monopolization. The three key federal statutes in Antitrust Law...

cartel

A cartel is a group of independent corporations or other entities that join together to fix prices, rig bids, allocate markets, or conduct other similar illegal activities. Cartel conduct is mainly subject to criminal penalties under United States...

Clayton Antitrust Act

The Clayton Antitrust Act of 1914, codified at 15 U.S.C. 12-27, is one of the primary pieces of antitrust legislation in the United States. This act was designed to bolster the Sherman antitrust Act and outlaws the following conduct:

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collective bargaining

Collective bargaining is the negotiation process between an employer and a union comprised of workers to create an agreement that will govern the terms and conditions of the workers' employment.

The result of collective...

collusion

Collusion is when two or more parties secretly agree to defraud a third-party of their rights or accomplish an illegal purpose.

Collusion in Antitrust Law:

Horizontal collusion exists where competitors at the same market...

collusive bidding

Collusive bidding refers to an agreement among two or more competitors to change the bids they otherwise would have offered absent the agreement. Where collusive bidding is well established, prices can rise substantially, in some cases by as...

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