Sherman Act Monopoly

The video tutorial explains the Sherman Act's role in preventing monopolies, attempts, and conspiracies to form monopolies. It outlines the elements of monopoly, including market power and unfair competition, and discusses attempts to monopolize, focusing on predatory activities and intent. The video also covers conspiracy to monopolize, requiring an agreement and overt act. The FTC evaluates these factors to decide on actions against businesses.

What is the primary purpose of the Sherman Act?

What are the two main elements that define a monopoly under common law?

What constitutes unfair competition in the context of maintaining monopoly power?

What are the three elements required to prove an attempt to monopolize?

How does a conspiracy to monopolize differ from an attempt to monopolize?