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Gilded Age
Gilded Age: 1870-1890. -
Interstate Commerce Act
The Interstate Commerce Act was a precursor to the Sherman Antitrust Act. -
John Sherman
Senator Sherman introduced Section 1 in Congress. -
Sherman Act is passed
The Sherman Antitrust Act is signed into law by President Benjamin Harrison. -
Omaha Platform
Gave rise to the Populist Party - favored government regulation. -
American Railway Union v. U.S.
The American Railway Union was found to be an illegal contract. -
Addyston Pipe and Steel Company v. U.S.
Addyston Pipe and Steel Company was found guilty of monopolistic practices. Established "rule of reason." -
Theodore Roosevelt
Theodore Roosevelt begins his term and was nicknamed the "trust buster." -
Northern Securities Company v. U.S.
Northern Securities Company was a railroad trust that fixed prices. -
Standard Oil of New Jersey v. U.S.
Standard Oil is accused of monopolizing into a single company in New Jersey owned by John Rockefeller. -
Federal Trade Commission Act
The FTC was established to regulate business during Wilson's presidency . -
Clayton Act is enacted
Clayton Act is added to clarify Section 2 of the Sherman Act. It defined illegal and anticompetitive merging. -
US Steel v. U.S.
US Steel owned by JP Morgan is broken up by antitrust laws during Woodrow Wilson's administration. -
Robinson-Patman Act
Robinson-Patman Act was a further amendment to the Clayton Act. -
Cold War
The economy was thriving and there was little concern over antitrust. -
Microsoft v. U.S.
Department of Justice investigated Microsoft for antitrust claims due to the bundling of Internet Explorer with their operating system. -
Vitamin Cartel
U.S. found Hoffmann-La Roche and BASF vitamin companies guilty for fixing the price of vitamins. -
21 Global Airlines Fined
21 airlines have been fined 1.7 billion because they price-fixed. -
Brady et al. v. National Football League et al.
The "lockout" in the NFL was a result of a price arrangement between the owners of teams and the NFL. The players are arguing that this is a form of price-fixing. -
AT&T and T-Mobile Merger
By merging the last two GSM networks, it could create a monopoly, in which GSM consumers have no choice or competition among carriers.