antitrust claim definition
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United States antitrust law United States antitrust law. United States antitrust law is a collection of federal and state government laws that regulates the conduct and organization of business corporations, generally to promote fair competition for the benefit of consumers.
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What is 'Antitrust' What is 'Antitrust'. Antitrust laws are the laws that apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution and marketing. They prohibit a variety of practices that restrain trade. Examples of illegal practices are price-fixing conspiracies, corporate mergers likely to reduce the competitive vigor of particular markets, and predatory acts designed to achieve or maintain monopoly power.
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United States antitrust law The United States Supreme Court summarized why Congress authorized private antitrust lawsuits in the case Hawaii v. Standard Oil Co. of Cal. , 405 U.S. 251, 262 (1972): Every violation of the antitrust laws is a blow to the free-enterprise system envisaged by Congress.This system depends on strong competition for its health and vigor, and strong competition depends, in turn, on compliance with antitrust legislation. Hawaii v. 2  Standard Oil Co. of Cal. , 405 U.S. 251 (1972) state governments do not have a cause of action to sue for consequential loss for damage to their general economies after an antitrust violation is found.
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Trademark or slogan: insurance coverage for intellectual property infringement A CGL policy providing coverage for advertising injury will only cover a trademark infringement claim where (1) the trademark is a slogan or a phrase; (2) used in advertising a product or service, and (3) both the plaintiff and the defendant use the trademark as a slogan.
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claim claim. 1) v. to make a demand for money, for property, or for enforcement of a right provided by law. 2) n. the making of a demand (assert a claim) for money due, for property, for damages or for enforcement of a right. If such a demand is not honored, it may result in a lawsuit.
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Counter-claim Law and Legal Definition Counter-claim Law & Legal Definition. A Counterclaim is a defendant’s claim against a plaintiff presented in a civil proceeding. It is a claim set up in opposition to a previous claim by a respondent against a claimant.ounter-claim Law & Legal Definition. A Counterclaim is a defendant’s claim against a plaintiff presented in a civil proceeding. It is a claim set up in opposition to a previous claim by a respondent against a claimant.
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- DEFINITION of 'Antitrust'. The antitrust laws apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution, and marketing. They prohibit a variety of practices that restrain trade.
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counterclaim coun·ter·claim. n. A claim pled against a plaintiff by a defendant, either in opposition to the relief sought or as an independent cause of action against the plaintiff. intr.v. (koun′tər-klām′) coun·ter·claimed, coun·ter·claim·ing, coun·ter·claims. To plead a counterclaim against a plaintiff.. counterclaim-a claim filed in opposition to another claim in a legal action. action at law, legal action, action-a judicial proceeding brought by one party against another; one party prosecutes another for a wrong done or for protection of a right or for prevention of a wrong.
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- The new law changes this , establishing rules that 1 ) a plaintiff who wins an antitrust case will be awarded the cost of the suit including reasonable attorneys ' fees and 2 ) a defendant who wins an antitrust case will be awarded the cost of the suit attributable to the claim , including reasonable attorneys ' fees if the claim is frivolous , ...
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The Antitrust Laws The Antitrust Laws. Congress passed the first antitrust law, the Sherman Act, in 1890 as a comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade..n addition to these federal statutes, most states have antitrust laws that are enforced by state attorneys general or private plaintiffs. Many of these statutes are based on the federal antitrust laws.
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Cross-Claim A demand made in a Pleading against another party on the same side of the lawsuit. For example, a manufacturer of desks shipped thirty desks to a buyer by truck. When the buyer refused to pay because the desks arrived in a damaged condition, the manufacturer sued both the buyer and the trucking company.
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- Antitrust suits against corporations may be filed alleging a variety of antitrust and non-antitrust. violations of law. The antitrust claims may involve, for example, purported price-fixing. conspiracies, market allocations, predatory pricing, price discrimination, and monopolization.
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What is 'Antitrust' The antitrust laws apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution, and marketing. They prohibit a variety of practices that restrain trade.
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- A tort claim is a legal claim based on grounds such as nuisance, defamation and invasion of privacy. Torts claims may cover incidents of defamation. Creating a public nuisance may be handled by a tort claim. Making false statements verbally or in writing may qualify as defamation, which is a type of tort.orts can be classified into five categories: intentional torts, negligence, strict liability, product liability, and miscellaneous. When a person files a tort claim, he or she is filing a civil lawsuit against the person or other entity that committed the tort.
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What is 'Antitrust' What is 'Antitrust'. Antitrust laws are the laws that apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution and marketing. They prohibit a variety of practices that restrain trade.
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Sherman Antitrust Act The Sherman Antitrust Act is a landmark federal statute in the history of United States antitrust law passed by Congress in 1890 under the presidency of Benjamin Harrison. It allowed certain business activities that federal government regulators deem to be competitive, and recommended the federal government to investigate and pursue trusts. In the general sense, a trust is a centuries-old legal arrangement whereby one party conveys property to a trustee to hold for a beneficiary. These are commo
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antitrust law DEFINITION of 'Sherman Antitrust Act'. Anti-monopoly U.S. legislation which attempted to increase economic competitiveness. The Sherman Antitrust Act of 1890 made it illegal for companies to seek a monopoly on a product or service, or form cartels.Next Up.he Sherman Antitrust Act of 1890 made it illegal for companies to seek a monopoly on a product or service, or form cartels.
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claimant In the courts of admiralty, when the suit is in rem, the cause is entitled in the Dame of the libellant against the thing libelled, as A B v. Ten cases of calico and it preserves that title through the whole progress of the suit.When a person is authorized and admitted to defend the libel, he is called the claimant.
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What are Antitrust Laws? 10 hilariously insightful foreign words. Antitrust laws, also known as competition laws, are legal rules to promote fair competition in the marketplace. These laws can apply to both businesses and individuals. Antitrust laws are designed to prevent actions that might hurt consumers or unfairly harm other businesses, such as the formation of monopolies, illegal cooperation between competing businesses, and certain mergers between companies.
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Antitrust Laws And You The Sherman Antitrust Act. This Act outlaws all contracts, combinations, and conspiracies that unreasonably restrain interstate and foreign trade. This includes agreements among competitors to fix prices, rig bids, and allocate customers, which are punishable as criminal felonies.
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United States antitrust law The United States Supreme Court summarized why Congress authorized private antitrust lawsuits in the case Hawaii v. Standard Oil Co. of Cal. , 405 U.S. 251, 262 (1972): Every violation of the antitrust laws is a blow to the free-enterprise system envisaged by Congress. This system depends on strong competition for its health and vigor, and strong competition depends, in turn, on compliance with antitrust legislation.
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- An antitrust litigant in this country has a right to litigate before a court and before his peers.
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Rule 13 â Counterclaim and Crossclaim A pleading may state as a crossclaim any claim by one party against a coparty if the claim arises out of the transaction or occurrence that is the subject matter of the original action or of a counterclaim, or if the claim relates to any property that is the subject matter of the original action.
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antitrust law DEFINITION of 'Sherman Antitrust Act'. Anti-monopoly U.S. legislation which attempted to increase economic competitiveness. The Sherman Antitrust Act of 1890 made it illegal for companies to seek a monopoly on a product or service, or form cartels.Next Up.nti-monopoly U.S. legislation which attempted to increase economic competitiveness. The Sherman Antitrust Act of 1890 made it illegal for companies to seek a monopoly on a product or service, or form cartels. Next Up.
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claim 1. a statement (that something is a fact). Her claim that she was the millionaire's daughter was disproved. 2. (a demand for) a payment of compensation etc. a claim for damages against her employer. 3. a demand for something which (one says) one owns or has a right to. a rightful claim to the money.
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- Broadly speaking, antitrust laws seek to promote fair competition on the merits and to protect consumers and wronged competitor businesses from anti-competitive business practices — practices undertaken in effort to undermine competitive commercial behavior in a given market or line of commerce.roadly speaking, antitrust laws seek to promote fair competition on the merits and to protect consumers and wronged competitor businesses from anti-competitive business practices — practices undertaken in effort to undermine competitive commercial behavior in a given market or line of commerce.