What Are Trade Regulations?

Trade regulation laws are laws enacted by both federal and state governments to promote unrestrained competition amongst businesses. Trade regulations extend into many categories of law, such as anti-trust law, which prohibits anti-competitive acts like price-fixing, monopolistic conduct, and deceptive practices. Consumer protection law, advertising law, trademark law, and franchise law also fall under the umbrella of trade regulation.

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What are the Sherman Antitrust and Clayton Acts?

The Sherman Antitrust Act is a federal law prohibiting any contract, trust, or conspiracy in restraint of interstate or foreign trade. The Clayton Act regulates general practices that potentially may be detrimental to fair competition. Some of these general practices regulated by the Clayton Act are: price discrimination; exclusive dealing contracts, tying agreements, or requirement contracts; mergers and acquisitions; and interlocking directorates.

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