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The '''Sherman Antitrust Act''' (shortened to '''Sherman Act''') (1890) is the basic antitrust [[statute]] prohibiting any unreasonable [[interference]], [[conspiracy]], restraint of trade, or [[monopoly|monopolies]] with respect to interstate [[commerce]]. The Act consists of two sections:
The '''Sherman Antitrust Act''' (shortened to '''Sherman Act''') passed by Congress in (1890) is the basic federal antitrust law . It prohibits any unreasonable interference, conspiracy, restraint of trade, or [[monopoly|monopolies]] with respect to interstate commerce.
see [[Antitrust law]]
The Act consists of two sections:
== Section One ==
== Section One ==
(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).
(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).
==see also==
* [[Antitrust law]]
==Further reading==
* Letwin, William. ''Law and Economic Policy in America: The Evolution of the Sherman Antitrust Act'' (1965)
[[Category:United States Law]]
[[Category:United States Law]]
[[Category:Business]]