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Antitrust and trade law

Definition of Antitrust and Trade Regulation Law

Antitrust law aims to protect trade and commerce from unfair restraints, monopolies and price fixing. Antitrust law is primarily governed by two federal laws: the Sherman Act and the Clayton Act. Most states also have their own antitrust laws patterned on federal laws.

The Department of Justice (DOJ) investigates antitrust matters and is authorized to convene a grand jury to indict suspects. Civil remedies include injunctions, divestiture and/or cancellation of contracts. Civil and criminal penalties may apply if a company is determined to be in violation of antitrust laws. Criminal acts are punishable by large fines and/or imprisonment.

The Federal Trade Commission (FTC) is the federal agency that seeks to promote free and fair competition in interstate commerce. The FTC is tasked with many consumer protection duties, as well. It has exclusive jurisdiction to prohibit unfair competition and unfair or deceptive acts.

Terms to Know

·         Sherman Act - A federal law that prohibits monopolies by limiting certain business practices, such as price fixing

·         Clayton Act - An amendment to the Sherman Act that places restrictions on mergers and acquisitions on companies that could lead to monopolies or other unfair business competition

·         Department of Justice (DOJ) - Federal law enforcement charged with investigating and enforcing federal laws, including antitrust laws such as the Sherman and Clayton acts

·         Federal Trade Commission (FTC) - A federal agency that seeks to promote free and fair competition in interstate commerce by protecting consumers from unfair competition tactics

·         Monopoly - The exclusive control of a particular market, including the power to control prices and exclude competition

·         Price Fixing - A usually illegal process of artificially dictating prices, rather than allowing the market and consumers determine prices through supply and demand

Other Considerations When Hiring an Antitrust and Trade Regulation Lawyer

Most antitrust issues arise when the DOJ or FTC investigates large companies about to merge. The mergers are often in the same industry and may involve unfair business tactics or outcomes. In these cases, the antitrust lawyers involved are usually the company's corporate attorneys. However, some corporations may not have an in-house antitrust specialist, so they may seek to hire an attorney who specializes in antitrust.

Smaller corporations and businesses may also be involved in antitrust issues. Small businesses often file complaints about unfair competition with the FTC. These businesses often hire antitrust attorneys in order to ensure that the process for filing a complaint is followed and to help make the most persuasive case for government action.

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Peter James Mougey
Peter James Mougey
24

316 S. Baylen Street Suite 600, Pensacola, FL 32502-5996

Bar #191825(FL)     License for 2000 years Member in Good Standing

Practice Areas: Antitrust and trade law | Arbitration | Employee benefits | Financial markets and services | Securities and investment fraud
Mark Leslie Pomeranz
Mark Leslie Pomeranz
4

1920 E. Hallandale Beach Blvd., Ste. 802, Hallandale Beach, FL 33009-4725

Bar #622508(FL)     License for 1986 years Member in Good Standing

Practice Areas: Antitrust and trade law | Litigation
David Bedford Esau
David Bedford Esau
3

525 Okeechobee Blvd., Ste. 1200, West Palm Beach, FL 33401-6350

Bar #650331(FL)     License for 2003 years Member in Good Standing

Practice Areas: Antitrust and trade law | Litigation | Telecommunications
Richard M Blau
Richard M Blau
3

401 E Jackson St Ste 2700, Tampa, FL 33602-5841

Bar #347167(FL)     License for 1982 years Member in Good Standing

Practice Areas: Administrative law | Antitrust and trade law | Government | Litigation
Robin Sneddon Trupp
Robin Sneddon Trupp
3

302 Knights Run Ave Ste 1100, Tampa, FL 33602

Bar #314528(FL)     License for 1981 years Member in Good Standing

Practice Areas: Antitrust and trade law | Bankruptcy and debt | Litigation | Securities offerings
Dana Jane McElroy
Dana Jane McElroy
2

915 Middle River Drive, Ste. 309, Fort Lauderdale, FL 33304

Bar #845906(FL)     License for 1990 years Member in Good Standing

Practice Areas: Antitrust and trade law | Communications and media | Litigation
David Clifford Ashburn
David Clifford Ashburn
2

101 E College Ave, Tallahassee, FL 32301-7742

Bar #708046(FL)     License for 1987 years Member in Good Standing

Practice Areas: Administrative law | Antitrust and trade law | Government contracts | Health care | Insurance
David Eric Cannella
David Eric Cannella
2

SunTrust Ctr – Main Tower200 S Orange Ave., Ste. 1000, Orange City, FL 32801-3410

Bar #983837(FL)     License for 1993 years Member in Good Standing

Practice Areas: Antitrust and trade law | Business | Defective and dangerous products | Personal injury | Real estate
James Blaker Baldinger
James Blaker Baldinger
2

525 Okeechobee Blvd., Ste. 1200, West Palm Beach, FL 33401-6350

Bar #869899(FL)     License for 1990 years Member in Good Standing

Practice Areas: Antitrust and trade law | Business | Class action | Intellectual property | Telecommunications
James Dale Gibson
James Dale Gibson
2

1800 Second Street, Suite 901 (Real Estate Office), Sarasota, FL 34236

Bar #709069(FL)     License for 1987 years Member in Good Standing

Practice Areas: Antitrust and trade law | Appeals | Arbitration | Banking | Litigation
Justin Joseph Sayfie
Justin Joseph Sayfie
2

1761 S.E. 9th St., Fort Lauderdale, FL 33316-1415

Bar #51780(FL)     License for 1995 years Member in Good Standing

Practice Areas: Admiralty and maritime | Antitrust and trade law | Bankruptcy and debt | Corporate and incorporation
Seymour Benson
Seymour Benson
2

SunTrust Ctr – Main Tower200 S Orange Ave., Ste. 1000, Orange City, FL 32801-3410

Bar #5328(FL)     License for 1964 years Member in Good Standing

Practice Areas: Antitrust and trade law | Business | Family | Litigation

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