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The Pros And Cons Of Antitrust Laws

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The Pros And Cons Of Antitrust Laws
Although antitrust laws are good for the market, as in the instance with the federal government’s use of the Sherman Act against AT&T, which led to a communication revolution, there are a couple of issues concerning antitrust laws. The first is issue is the interpretive nature of the federal and state government laws. The Sherman Act, The Federal Trade Commission Act, and the Clayton Act are federal statutes written in general language rather than exact verbiage on code of conduct. In the case of Continental TV vs. GET, Sylvania this general language along with the court’s interpretation of the laws has brought instances where precedent has been changed leading to unknown permissible behavior for companies. The second issue is the increasing
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