Restraint of trade encompasses illegal practices that interfere with free competition in commercial transactions, which may restrict production, influence prices, or control the market to the detriment of consumers.
The Robinson-Patman Act is a federal law designed to prevent anticompetitive practices by producers, specifically price discrimination.
The Sherman Antitrust Act of 1890 was the first federal act that outlawed monopolistic business practices. Its purpose was to promote economic fairness and competitiveness and to curb concentrations of power that interfere with trade and reduce economic competition.
Tying contracts are contractual agreements where sellers grant buyers access to a product only if the buyers also agree to purchase additional products. These agreements are forbidden under Section 3 of the Clayton Antitrust Act.
