Antitrust Law (Intro)

The video provides an overview of antitrust law, covering its history, objectives, and key legislation such as the Sherman Act, Clayton Act, and FTC Act. It explains the types of conduct regulated under these laws, including monopolies, trade restraints, and unfair practices. The video also discusses legal standards like per se illegality and the rule of reason, and outlines potential sanctions for violations, such as fines and imprisonment. Examples of prohibited conduct, such as price fixing and predatory pricing, are also provided.

What are the primary objectives of antitrust law?

Explain the role of the Federal Trade Commission in antitrust law.

What is the significance of the Sherman Act of 1890?

Describe the concept of per se illegality in antitrust law.

What are horizontal and vertical restraints of trade?

How does the Clayton Act address anti-competitive conduct?

What types of conduct are prohibited under antitrust laws?