What antitrust laws are specific to the US?

Antitrust laws are laws that protect fair competition in the market place and are in place to protect both businesses and consumers. In the US, these laws take several forms. The Sherman Antitrust Act of 1890 was the first major antitrust law passed in the US and is still the cornerstone of all federal antitrust law. This law bans any contract or conspiracy in restraint of trade, monopolization, and attempts to monopolize. The Clayton Antitrust Act of 1914 amended the Sherman Act and further aimed to protect competition from being harmed by anti-competitive practices. It made it illegal for companies to acquire other companies if it would result in a monopoly, and it forbid corporations from discriminating in prices or services when selling to different areas of the country. Additionally, the Robinson-Patman Act of 1936 outlawed price-fixing and banned large companies from offering special discounts on products to certain retailers. Finally, The Hart-Scott-Rodino Act of 1976 requires companies to notify the Federal Trade Commission and U.S. Department of Justice before certain large-scale acquisitions and mergers. These laws are specific to the US and help to promote fair competition between businesses and protect consumers from unfair practices.

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What antitrust laws are specific to the US?

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