What antitrust laws are specific to the US?

Antitrust laws are designed to promote competition among businesses and protect consumers from monopolistic practices. In the US, these laws are primarily enforced by the Federal Trade Commission and the Department of Justice’s Antitrust Division. The Sherman Antitrust Act (1890) is generally considered the first major antitrust law in the US. It established the outlawing of any trust or monopoly and laid out how to define illegal practices. The Clayton Antitrust Act (1914) was created soon after to further define prohibited practices and to strengthen the existing Sherman Antitrust Act. The Federal Trade Commission Act (1914) gave the FTC the power to investigate and prosecute anti-competitive practices. The Act also made it illegal to engage in practices such as price fixing, exclusive dealing, and other contracts that obstruct competition. In Texas, the Texas Free Enterprise and Antitrust Act (TFEAA) makes it unlawful for any person to engage in certain practices that reduce competition or limit consumer choice. This act includes provisions that prohibit price fixing, bid rigging, tying agreements, and other anti-competitive practices. Other state antitrust laws are also in place to provide additional protections and remedies. In summary, the US has a number of antitrust laws in place to protect competition and promote consumer safety. These include the Sherman Antitrust Act, the Clayton Antitrust Act, the Federal Trade Commission Act, and the Texas Free Enterprise and Antitrust Act. These laws have provided a strong framework for US antitrust regulation and enforcement.

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What antitrust laws are specific to the US?

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