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In the context of antitrust sanctions, liability for triple-damages suits is based on __________law and is said to be joint and several. Multiple Choice tort antitrust tax criminal corporate

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23-07-2022

In the context of antitrust sanctions, liability for triple-damages suits is based on tort law and is said to be joint and several.

Practices like setting pricing, manipulating contract bids, and dividing up customers among companies that ought to be competing for them are all considered violations of the Sherman Antitrust Act.
These infractions are crimes. As a result, they risk receiving severe penalties or lengthy prison terms.
Market allocation, bid rigging, and price fixing are some of the antitrust offenses that are seen as "per se" unjustified trade constraints.
Protect competition -Outlaws all contracts, combinations, and conspiracies that unreasonably restrain interstate and foreign trade.

What is an antitrust law ?

Antitrust law laws designed to encourage robust, fair competition in the market. -unlawful monopolies, pricing strategies, networks for distributing products, and mergers. -describes prohibited anticompetitive practices.

Learn more about Antitrust law

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