Examples of Antitrust Law in the following topics:
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- Antitrust laws are a form of marketplace regulation intended to prohibit monopolization and unfair business practices.
- U.S. antitrust law is a body of law that prohibits anti-competitive behavior (monopolization) and unfair business practices.
- Government agencies known as competition regulators, along with private litigants, apply the antitrust and consumer protection laws in hopes of preventing market failure.
- Many countries, including most of the Western world, have antitrust laws of some form.
- Several types of organizations are exempt from federal antitrust laws, including labor unions, agricultural cooperatives, and banks.
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- In general, they accepted the concept of laissez-faire, which was doctrine opposing government interference in the economy except to maintain law and order.
- Congress enacted a law regulating railroads in 1887 (the Interstate Commerce Act) and one preventing large firms from controlling a single industry in 1890 (the Sherman Antitrust Act).
- However, these laws were not rigorously enforced until 1900 to 1920, when Republican President Theodore Roosevelt (1901–1909), Democratic President Woodrow Wilson (1913–1921), and others sympathetic to the views of the Progressives came to power .
- Wilson helped end the long battles over the trusts with the Clayton Antitrust Act of 1914.
- President Wilson uses tariff, currency, and anti-trust laws to prime the pump and get the economy working.
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- Law of the United States was mainly derived from the common law system of English law.
- At both the federal and state levels, the law of the United States was mainly derived from the common law system of English law , which was in force at the time of the Revolutionary War.
- American judges, like common law judges elsewhere, not only apply the law, they also make the law.
- As a result, the laws of any given state invariably differ from the laws of its sister states.
- Instead, it must be regarded as 50 separate systems of tort law, family law, property law, contract law, criminal law, and so on.
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- Criminal law is the body of law that relates to crime and civil law deals with disputes between organizations and individuals.
- Criminal law is the body of law that relates to crime.
- Criminal law also sets out the punishment to be imposed on people who do not obey these laws.
- The law relating to civil wrongs and quasi-contract is part of civil law.
- The objectives of civil law are different from other types of law.
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- The primary sources of American Law are: constitutional law, statutory law, treaties, administrative regulations, and the common law.
- These sources are constitutional law, statutory law, treaties, administrative regulations, and the common law.
- At both the federal and state levels, the law of the United States was originally largely derived from the common law system of English law, which was in force at the time of the Revolutionary War.
- Thus, most U.S. law consists primarily of state law, which can and does vary greatly from one state to the next.
- First, all U.S. states except Louisiana have enacted "reception statutes" which generally state that the common law of England (particularly judge-made law) is the law of the state to the extent that it is not repugnant to domestic law or indigenous conditions.
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- Article Six of the United States Constitution establishes the Constitution and the laws and treaties of the United States made in accordance with it as the supreme law of the land.
- This Constitution, and the laws of the United States which shall be made in pursuance thereof; and all treaties made, or which shall be made, under the authority of the United States, shall be the supreme law of the land; and the judges in every state shall be bound thereby, anything in the Constitution or laws of any State to the contrary notwithstanding.
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- United States labor law is a heterogeneous collection of state and federal laws.
- Federal law establishes minimum wages and overtime rights for most workers in the private and public sectors; state and local laws may provide more expansive rights.
- Federal and state laws protect workers from employment discrimination.
- In most aspects, these two bodies of law overlap.
- Federal law permits states to enact their own statutes barring discrimination on the basis of race, gender, religion, national origin and age, so long as the state law does not provide less protections than federal law would.
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- In the US judicial system, cases are decided based on principles established in previous cases; a practice called common law.
- When a decision in a court case is made and is called law, it typically is referred to as "good law. " Thus, subsequent decisions must abide by that previous decision.
- Essentially, the body of common law is based on the principles of case precedent and stare decisis.
- Black's Law Dictionary defines "precedent" as a "rule of law established for the first time by a court for a particular type of case and thereafter referred to in deciding similar cases. "
- Brandeis developed the idea of case law and the importance of stare decisis.
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- A sunset provision is a measure within a statute that provides that a law shall cease to be in effect after a specific date.
- A sunset provision or clause in public policy is a measure within a statute, regulation, or other law that provides for the law to cease to have effect after a specific date, unless further legislative action is taken to extend the law.
- Most laws do not have sunset clauses and therefore remain in force indefinitely.
- In American federal law parlance, legislation that is meant to renew an expired mandate is known as a reauthorization act or extension act.
- Extensive political wrangling before final votes may precede reauthorizations of controversial laws or agencies.