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		<title>antitrust and competition law on ExcellentWiki - Legal Encyclopedia</title>
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				<title>US Antitrust Law</title>
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				<pubDate>Mon, 06 Jul 2026 00:00:00 +0000</pubDate>
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				<description>&lt;h2 id=&#34;statutory-framework&#34;&gt;Statutory Framework&lt;/h2&gt;&#xA;&lt;p&gt;US antitrust law rests on three core federal statutes. The &lt;strong&gt;Sherman Act of 1890&lt;/strong&gt; prohibits contracts, combinations, and conspiracies in restraint of trade (§1) and monopolization, attempted monopolization, and conspiracies to monopolize (§2). The &lt;strong&gt;Clayton Act of 1914&lt;/strong&gt; addresses specific practices—mergers and acquisitions (§7), price discrimination (Robinson-Patman Act), exclusive dealing, and tying arrangements—where the effect &amp;ldquo;may be substantially to lessen competition.&amp;rdquo; The &lt;strong&gt;Federal Trade Commission Act of 1915&lt;/strong&gt; §5 prohibits &amp;ldquo;unfair methods of competition&amp;rdquo; and empowers the FTC to enforce antitrust law alongside the DOJ Antitrust Division. The &lt;strong&gt;Hart-Scott-Rodino Antitrust Improvements Act of 1976&lt;/strong&gt; established a mandatory premerger notification regime requiring parties to certain transactions to file with both agencies and observe a waiting period before consummation.&lt;/p&gt;</description>
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