monopolies and antitrust law

Monopolies and Antitrust Law

In the U.S., antitrust law protects trade and commerce from the formation of illegal monopolies, biased commercial restraints, and price fixing. Though many states have their own antitrust laws in place, the federal regulations of the Sherman Act and the Clayton Act dictate what most states consider in forming their own laws. Companies, such as shipping corporations and other large freight entities, can become too powerful in their industry by buying out the competition. Not only can certain monopolies be illegal, they can cause hardship for consumers through price inflation and over-domination of a market. Illegal monopolies can also affect the businesses (and the people) that were bought out by the larger company.

At the law office of Tomasik Kotin Kasserman, we stand up for what is right and enforce federal and state antitrust law regulations. Though the Federal Trade Commission and the Department of Justice are the main government bodies that oversee trade regulation issues, we are here to help our clients follow the correct processes for filing a complaint and ensure that your rights as a business owner or individual are protected. Contact our experienced Chicago antitrust law attorneys today by calling 312-605-8800. We serve clients in the state of Illinois and throughout the country.