How have antitrust laws changed over time?

Antitrust laws have changed over time as market conditions have changed and technology has advanced. Today, antitrust laws are designed to protect companies and consumers from uncompetitive practices in the market. The first antitrust law, the Sherman Antitrust Act, was passed in 1890. This law was designed to prevent business practices that inhibit competition, such as price fixing and collusive agreements that limit the ability of competitors to enter the market. Since then, the law has been amended and expanded. The Clayton Antitrust Act, passed in 1914, widened the scope of antitrust law by providing stronger protections for certain business practices, including price-discrimination and mergers and acquisitions. Recent changes to antitrust laws are focused on protecting against abuses of market power by large tech companies. The District of Columbia has recently passed the District of Columbia Competition, Consumer Protection, and Antitrust Act, which prohibits anti-competitive practices such as vertical restraints, tying arrangements, and exclusionary practices. Overall, the goal of antitrust laws has remained the same: to maintain healthy competition in the market. But new technologies and market conditions have forced antitrust laws to evolve and become more sophisticated. By doing so, antitrust laws can ensure that consumers are not taken advantage of and that companies are not engaging in unfair practices that create a monopoly or monopolistic behavior.

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How have antitrust laws changed over time?

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