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Antitrust Laws

The bureau protects competition through enforcement of the antitrust laws. These laws include: Section 5 of the Federal Trade Commission Act, which prohibits unfair methods of competition, Section 1 of the Sherman Act, which outlaws every contract, combination, or conspiracy, in restraint of trade, Section 2 of the Sherman Act, which makes it unlawful for a company to monopolize, or attempt to monopolize, trade or commerce, Section 7 of the Clayton Act, which prohibits mergers and acquisitions the effect of which may be substantially to lessen competition or to tend to create a monopoly, and Section 7A of the Clayton Act (added in 1976 by the Hart-Scott-Rodino Antitrust Improvements Act), which requires companies to notify antitrust agencies before certain planned mergers.

Inside Antitrust Laws