US Antitrust Laws - Global

The video tutorial provides an overview of US antitrust laws, emphasizing their role in promoting competition to benefit consumers. It explains the application of these laws to US companies operating globally and highlights key acts like the Sherman Act, Clayton Act, and FTC Act. The tutorial also covers amendments and international legislation, such as the International Antitrust Enforcement Assistance Act, and discusses various international agreements aimed at preventing anti-competitive practices.

What is the primary goal of US antitrust laws?

• To promote competition and benefit consumers

• To support monopolistic practices

• To eliminate all forms of competition

• To increase prices for consumers

Which act is specifically aimed at enforcing rules against anti-competitive behavior by US companies internationally?

• Sherman Act

• International Antitrust Enforcement Assistance Act

• Clayton Act

• FTC Act

Which of the following is NOT a core US antitrust law?

• FTC Act

• Clayton Act

• Sherman Act

• Wilson Tariff Act

What is the purpose of the Anti Dumping Act?

• To support government subsidies

• To increase tariffs on imported goods

• To prohibit countries from dumping excess goods and lowering local prices

• To allow countries to dump excess goods

Which act focuses on the relationship between international trading parties and the US?

• Hart Scott Rodino Antitrust Improvement Act

• Sherman Act

• Trade Act of 1974

• Clayton Act