Sherman Antitrust Act
Dealing with Competitors and Customers
Administrative Agencies
Government Regulation of Competition and Prices
Clayton Act
100

What year was the Antitrust Act passed?

When was 1890?

100

Any resale price agreement should be reviewed in advance by?

Who is Company Counsel?

100

Agency may adopt regulations within the scope of its?



What is Authority?

100

Under what allow states to regulate all aspects of business so long as they do not impose an unreasonable burden on interstate commerce or any activity of the federal government?

What is Police Power?

100

In what year was the Clayton Act passed?

When is 1914?

200

Per se rule – makes certain practices conclusively unreasonable and therefore?

What is Illegal?

200

Don't agree with any competitor to refuse to sell to and buy from?

Who are certain customers or certain suppliers?

200

Who governs Administrative Agencies?

Who is Administrative Law?

200

What occurred primarily to protect one group from the improper conduct of another group?

What is Regulation by government?

200

The act prevented companies from acquiring stock from another company?

What is Anti-Monopoly?

300

Viewed as the most important of the what?

What is Antitrust Laws?

300

Don't exchange price information (or other sensitive business information) with whom, without guidance from company counsel?

Who are Competitors?

300

Administrative Agencies are limited and subject to the constitutional protections afforded by who?

Who are individuals and businesses?

300

Certain of the antitrust laws regulate the relationships between and among competitors, known as?

What are horizontal restraints?

300

How did the Clayton Act affect the Sherman Act?

What is Strengthened?

400

Who relies on the Sherman Act?

Who is Federal and State Governments?

400

Be certain that termination of suppliers or customers is for justifiable and documented business reasons and in compliance with applicable?

What is State Laws?

400

If an Administrative Agency finds a potential violation of the law, it
acts as a what, to conduct hearings on violations?

What is a Judicial Arbiter?

400

What reaffirms the right of a seller to select customers and refuse to deal with anyone?

What is The Robinson-Patman Act?

400

A situation in which a single company or group owns all or nearly all of the market for a given type of product/service?

What is Monopoly?

500

•Every contract, combination or conspiracy between two or more companies which exerts an unreasonable restraint on trade or commerce?

What is Section 1?

500

If you are a member of a trade association or similar group, be sure competent
legal counsel monitors the?

What are Association Meetings, Programs and Activities?

500

Administrative Agencies have the power to investigate, to require persons to appear as witnesses, and to bring proceedings against those who?

What is Violating the law?

500

Sellers cannot sell below cost to harm competitors or sell to one customer at a secret price that is lower than the price charged to other customers when there is no?

What is economic Justification?

500

In which section does the Sherman Antitrust Act prohibit monopolizing or attempting to monopolize by companies or individuals?

What is Section 2?