The Antitrust Laws

This invaluable guide is designed to give an understanding of what the antitrust laws are to everyone who needs it. To corporate counsel, this primer offers useful explanations for developing antitrust compliance programs. To executives, this primer provides vital information on how the antitrust laws will affect the conduct of their businesses. To students interested in the economic and legal framework within which businesses operate, this primer is a practical guide. John H. Shenefield and Irwin M. Stelzer discuss the origins and objectives of the antitrust laws. They set forth the terms of the Sherman Act, the Clayton Act, and the Federal Trade Commission Act. The authors then describe the institutional setting in which the laws are applied, before turning to the problems faced by businessmen in deciding on courses of action and by the courts in sorting out anticompetitive from procompetitive practices. In this expanded edition, the authors add an analysis of international antitrust enforcement.