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Anti-Trust Law Made Simple Training Course

Preview Course

Unlock U.S. antitrust laws' secrets—Sherman, Clayton, FTC Acts. Learn the dos and don'ts for thriving businesses legally.

11 minutes   |   SKU: ABCANT    |    Language(s): EN    |    Produced 2018

SKU:

ABCANT

Language(s):

EN

Updated:

2018

Length

11 minutes

Training Objectives

Grasp the foundations of U.S. antitrust laws
Identify practices that violate antitrust regulations
Evaluate the impact of mergers on competition and consumer welfare
Differentiate between legal trade activities and potential antitrust violations
Understand the balance between legal justifications and anti-competitive actions

Course Overview

Anti-trust laws, comprising the Sherman Act, Clayton Act, and FTC Act, have shaped U.S. business conduct for over a century. This course delves into their intricate details to guide you through the complexities of antitrust regulations and foster a legal, competitive business landscape.

The course starts by highlighting the significance of these century-old laws, enforced by the Department of Justice and Federal Trade Commission, to safeguard consumers against anti-competitive practices. Understanding the legal framework is crucial, as violators face severe penalties, both criminal and civil, potentially reaching staggering fines and imprisonment. Participants will explore the core principles of antitrust law, emphasizing practices that restrain trade and harm consumers. From price fixing, bid rigging, and illegal market division to discriminatory pricing and refusal to deal, each concept is dissected to elucidate what is legal and what crosses the antitrust line.

Key topics also include supply chain arrangements, exclusive contracts, predatory pricing, and tie-in sales, with a focus on the delicate balance between legitimate business justifications and anti-competitive actions. Mergers, often beneficial, are scrutinized for their impact on competition and consumer welfare, while trade associations' roles are explained, emphasizing the boundary between legal cooperation and antitrust violations.

The course concludes by reinforcing the consumer-centric nature of antitrust laws, urging participants to evaluate practices through the lens of potential harm. Practical scenarios and case studies enrich the learning experience, offering insights into real-world applications.

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