Pharm Law 5

Card Set Information

Author:
Anonymous
ID:
56194
Filename:
Pharm Law 5
Updated:
2010-12-15 04:45:55
Tags:
law
Folders:

Description:
Antitrust
Show Answers:

Home > Flashcards > Print Preview

The flashcards below were created by user Anonymous on FreezingBlue Flashcards. What would you like to do?


  1. Antitrust laws
    intended to protect free trade from acts of buisnesses acting indivdiaully or together to unreasonably restrain trade.
  2. Sherman Act
    • Section 1: outlaws felony: every contract, combination, or conspiracy in restraint of trade
    • US supreme court: only thos contracts or agreements that unreasonably restrain trade.
  3. Sherman Act 2
    • unlawful for company to monopolize or attempt to monopolize trade or commerce
    • it is no illegal to have a monopoly or to try to achieve a monopoly positiion
    • it IS ilegal to maintain or acquire a monopoly position through unreasonable methods.
  4. Southeast colorado pharmcaal association
    boycott/ price fixing.
  5. abbott lab and genva pharmaceuticals
    unreasonable methods are illegal
  6. Section 5 of FTC act
    outlaws unfair methods of competition but does not define unfair.
  7. Section 7 of the Clayton act
    prohibits mergers and acquisitions that may substanitally to lessen competition or to tend to create a monopoly.

What would you like to do?

Home > Flashcards > Print Preview