anticompetitive conduct
anticompetitive conduct. Antitrust. An act that harms or seeks to harm the market or the process of competition among businesses, and that has no legitimate business purpose.
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Search Results for: ANTICOMPETITIVE CONDUCT
attempted monopolization
The effort to monopolize any part of interstate or foreign commerce, consisting in (1) a specific intent to control prices or destroy competition in the relevant market, (2) predatory or anticompetitive conduct, and (3) a “dangerous probability” of success in achieving monopoly in the relevant market.
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monopolization
monopolization, n. The act or process of obtaining a monopoly. • In federal antitrust law, monopolization is an offense with two elements: (1) the possession of monopoly power — that is, the power to fix prices and exclude competitors — within the relevant market, and (2) the willful acquisition or maintenance of that power, as
active supervision
active supervision. Antitrust. Under the test for determining whether a private entity may claim a state-action exemption from the antitrust laws, the right of the state to review the entity’s anticompetitive acts and to disap-prove those acts that do not promote state policy. See STATE-ACTION DOCTRINE; MIDCAL TEST. [Cases: Monopolies 12(15.5). C.J.S. Monopolies §§ 136,
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midcal test
Midcal test. Antitrust. The doctrine that the anticompetitive acts of a private party will be considered state acts — and thereby protected from liability under the antitrust laws — if the acts are within a clearly articulated and affirmatively expressed policy of the state, and if the conduct is actively supervised by the state. California