This memornadum addresses two antitrust concerns that should be noted by emerging companies: Avoiding the creation of documents that might invite antitrust problems, and avoiding premerger coordination of commercial activities and uncontrolled exchange of compettitively sensitive information.
California Antitrust Disclosure Compliance Memorandum
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Multi-State
Control #:
US-TC0308
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FAQ
California Cartwright Act The Cartwright Act prohibits any agreements among competitors to restrain trade, fix prices or production, or reduce competition. Private parties can sue for violations of the Cartwright Act.
The Cartwright Act is the primary California state antitrust law prohibiting anti-competitive activity. It generally mirrors federal antitrust law under the Sherman Antitrust Act and the Clayton Antitrust Act.
Anticompetitive monopolization violates federal antitrust law, notably the Sherman Antitrust Act, and are prohibited by state antitrust law, including the Cartwright Act in California.
Antitrust laws were designed to protect and promote competition within all sectors of the economy. The Sherman Act, the Federal Trade Commission Act, and the Clayton Act are the three pivotal laws in the history of antitrust regulation.
The antitrust laws are a system of California and federal laws that prohibit unwarranted restraints on free and open competition in commerce. These laws allow the Attorney General to bring civil and criminal legal actions against individuals and businesses acting in restraint of trade.
The Sherman Antitrust Act This law prohibits conspiracies that unreasonably restrain trade. Under the Sherman Act, agreements among competitors to fix prices or wages, rig bids, or allocate customers, workers, or markets, are criminal violations.