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Section 2 And Sherman Act Of 1890

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Section 2 And Sherman Act Of 1890
Since 20th century the competition has increased to global level. Canada was the first nation to enact the first competition statute of modern times. It was an Act to prevent and supress group formed in check of Trade was passed one year before United States passed the most famous statute on competition law i.e. Sherman Act of 1890. The competition law gained huge recognition in European nations like Germany, Sweden, and Norway which were slowly adapting Anti-Cartel Laws.

According to Paddy McNutt “The economic analysis of law does not necessarily seek the correct answer to law problems from within the law but regards law as a social phenomenon”.
Section 2 and Sherman Act, 1890 prohibits monopoly, attempts and conspiring of monopolizing.
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