What are the three main types of antitrust law violations?

In California, the three main types of antitrust law violations are monopolization, price fixing, and tying agreements. Monopolization is when a company or group of companies gain exclusive control of a product or service in a particular area, potentially limiting competition and raising prices. This type of violation is illegal under both federal and state antitrust laws, such as California’s Cartwright Act, which prohibits activities that unreasonably restrain trade. Price fixing is when companies collude to raise or lower prices. It is illegal under both federal and state antitrust laws, such as California’s Cartwright Act, which prohibits any agreement, understanding, or combination that restrains competition by fixing prices. Finally, tying agreements are agreements between two parties, where one party agrees to purchase a product or service with the condition that they also purchase related products or services. Tying agreements are illegal under federal and state antitrust laws, such as California’s Cartwright Act, which prohibits contracts, combinations, and conspiracies that restrain trade by forcing consumers to buy an unrelated product or service in order to purchase a particular product or service. It is important to note that antitrust laws are in place to protect competition and ensure that consumers have access to competitive prices. Violating antitrust laws can lead to significant fines and even jail time, so it is important for companies to be aware of these laws and ensure compliance.

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