For this reason, ICPA has developed these Antitrust Guidelines to provide a general overview of antitrust laws and specific guidelines to assist ICPA in conducting its activities in conformity with antitrust laws. | Privacy Policy. In most cases, the prohibitions of the Sherman Act extend only to transactions that are found to be unreasonable restrictions on competition. Therefore, it is imperative that all ICPA members, officers and staff take all appropriate measures to minimize the risk of antitrust violations. ICPA members shall not engage in any discussion or agreement concerning particular representatives, distributors, other customers, or suppliers involving decisions to deny, limit or terminate business relations between any ICPA member and such firms. It is the GSMA’s Policy that all of its business dealings are carried out in full compliance with applicable Antitrust legislation.

Predating the Sherman Act, The Interstate Commerce Act was also beneficial in establishing antitrust regulations, although it was less influential than some of the others. An ICPA staff member or counsel shall attend all meetings, and counsel shall attend any meeting in which issues with antitrust implications are expected to be discussed. The mode of analyzing an antitrust policy and potentially violating actions is also a matter of great debate. If the FTC thinks that a law has been violated, the agency will try to stop the questionable practices or find a resolution to the anti-competitive portion of, say, a proposed merger between two competitors. The Robinson-Patman Act is a federal law passed in 1936 to outlaw price discrimination. The Sherman Act prohibits “contracts, combinations or conspiracies in restraint of trade or commerce.” Taken together, the contract, combination or conspiracy requirement has been found to exist where there is some form of agreement between two or more parties.

Antitrust laws are statutes developed by governments to protect consumers from predatory business practices and ensure fair competition. of Justice filed an antitrust lawsuit against Google for anti-competitive practices related to its alleged dominance in search advertising. A monopoly occurs when a company and its offerings dominate an industry. In the trade association context, group boycott issues may arise in relation to membership or exhibition restrictions, or in disciplinary or expulsion action against members. Due to the complexity of deciding what practices will limit competition, antitrust law has become a distinct legal specialization.

Particular guidelines must be followed before undertaking any association project, such as an industry survey or other statistical program, or petitioning industry or government organizations on matters that may have a competitive impact on non-members.

Supporters say antitrust laws are necessary for an open marketplace. The FTC is an independent agency that aims to protect consumers and ensure a competitive market by enforcing consumer protection and antitrust laws.

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