What are the different types of antitrust laws?

Antitrust laws are a collection of laws designed to protect businesses and consumers from harm caused by anticompetitive practices. In California, the Sherman Antitrust Act is the primary federal law that enforces anti-monopoly and anti-trust laws. The California Cartwright Act is a state law that covers many of the same topics as the Sherman Act. The Sherman Antitrust Act prohibits anticompetitive practices such as price-fixing, monopolization, and restraint-of-trade. This law makes it illegal for companies to come to agreements with each other that restrain trade or restrict competition. It also prevents companies from forming trusts or monopolies. The California Cartwright Act covers three types of anticompetitive activities that are not covered under the Sherman Act. It makes it illegal for companies to enter into price-fixing agreements, bid-rigging agreements, and boycotts. This law is intended to ensure that companies compete fairly when setting prices and engaging in bidding processes. Finally, the California Unfair Practices Act provides a general framework for prohibiting a wide range of unfair practices in business. This law makes it illegal for any person or corporation to use unfair means in order to influence or control another person or corporation. It also prohibits deceptive advertising. Overall, the antitrust laws in California are designed to protect businesses and consumers from harm caused by anticompetitive practices. These laws are essential for ensuring a competitive market and fostering economic growth.

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