Difference between revisions of "Sherman Act Section Two"

Latest revision as of 20:34, July 4, 2012

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-Sherman Act Section Two prohibits monopolization, attempts to monopolize and conspiracies to monopolize any aspect of interstate trade or commerce.
+#REDIRECT [[Sherman Antitrust Act#Section Two]]
-"Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $10,000,000 if a corporation, or, if any other person, $350,000, or by imprisonment not exceeding three years, or by both said punishments, in the discretion of the court."  15 U.S.C. §  2.
-As with Section One of the Sherman Act, Section Two is typically enforced by one firm suing another in a civil lawsuit.  To prevail under Section Two, a plaintiff must prove '''all''' of the following:
-(1) an agreement or understanding between two or more parties and (2) a specific intent to monopolize and (3) overt acts in furtherance of the alleged conspiracy. See, e.g., ''Robinson v. Magovern'', 521 F.Supp. 842, 892 (W.D. Pa. 1981).