Quimbee logo
DMCA.com Protection Status

Antitrust

Play video

Defining the Market

Learn about the markets affected by restrictive conduct.

Transcript

In this lesson, we’ll learn about the markets affected by restrictive conduct.

I.              Defining the Market

Section 1 of the Sherman Act prohibits “[e]very contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade. . . .” This broad prohibition applies to dealings between competitors who, for example, collude to fix prices or to prevent the entry of new competitors into the market.

These...