Antitrust law, sometimes known as “competition law,” focuses on the laws and rules that support free and open competition across a variety of markets and industries.
Antitrust laws examine monopoly behavior, price-fixing and collusion, bid-rigging, business merger plans, pricing discrimination, collective boycotts, and a variety of other commercial practices that, depending on the circumstances and their impact on the consumer, may violate the law.
State antitrust laws often follow federal statutes. There is a core collection of pertinent statutes, probably the most central of which is the Sherman Act, and a little over a century of case law elaborating the standards.
What are the duties of antitrust lawyers or antitrust attorneys? The extensive examination of the product or regional markets is frequently performed by specialists; it is the job of the attorney to persuade the fact-finder with this information. Antitrust law is not a field with a heavy regulatory burden like, say, environmental law; it is one characterized by comparatively few acts and regulations.
If you are looking into pursuing a career in antitrust law or hiring an antitrust attorney, watch this video to be further informed about what these professionals do.