Antitrust

:Antitrust is also the name for a movie, see Antitrust (movie)

History

Alabama became the first U.S. state to enact an antitrust law on February 23, 1883. The United States federal government passed the Sherman Antitrust Act in 1890, although it was not put to use for several more years. Several large conglomerates such as the Northern Securities Company, the Standard Oil company, and the American Tobacco Company were found to be illegal trusts, and broken up by the courts.

Related Topics:
Alabama - U.S. state - February 23 - 1883 - United States - Sherman Antitrust Act - 1890 - Northern Securities Company - Standard Oil - American Tobacco Company

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More recently, large American companies AT&T and Microsoft have been sued by the U.S. government for antitrust violations.

Related Topics:
AT&T - Microsoft

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Most western countries have antitrust or competition laws of some form. The European Union has its own competition law.

Related Topics:
European Union - Competition law

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