Sherman Act
a US statute that was the first to regulation competition there. It controls contracts, combinations and conspiracies in restraint of trade and agreements and the like designed to bring about monopolies in any part of commerce.

Collins dictionary of law. . 2001.


Sherman Act
Sherman Antitrust Act (Sherman Act)
USA
The federal statute prohibiting contracts, combinations or conspiracies that restrain interstate or foreign trade. The Sherman Act also prohibits a person from monopolizing or attempting to monopolize any part of interstate commerce by anticompetitive means. It does not prohibit natural monopolies or monopolies created through effective competition.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


Sherman Act
The basic antitrust statute prohibiting any unreasonable interference, conspiracy, restraint of trade, or monopolies with respect to interstate commerce.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • Sherman Act — Sherman Antitrust Act Pour les articles homonymes, voir Antitrust. Le Sherman Anti Trust Act du 2 juillet 1890 est la première tentative du gouvernement américain de limiter les comportements anticoncurrentiels des entreprises : il …   Wikipédia en Français

  • Sherman Act — amerikanisches Gesetz gegen Kartelle und den Missbrauch von Monopolstellungen im Wirtschaftsleben aus dem Jahre 1890. Von Senator Sherman eingebracht und nach ihm benannt. Führte zu teilweise spektakulären Entflechtungen, z.B. bei General… …   Lexikon der Economics

  • Sherman Act — The federal antitrust act which denounces contracts, combinations, and conspiracies in restraint of trade or commerce, supplemented by the Wilson Tariff Act and the Clayton Act. 15 USC §§ 1 et seq; 36 Am J1st Monop etc. § 141 …   Ballentine's law dictionary

  • Section 2 of the Sherman Act — (Section 2) USA This section of the Sherman Act prohibits monopolization, attempts to monopolize and conspiracies to monopolize (15 U.S.C. § 2). Practical Law Dictionary. Glossary of UK, US and international legal terms …   Law dictionary

  • Section 1 of the Sherman Act — (Section 1) USA This section of the Sherman Act prohibits agreements between two or more independent entities that unreasonably restrain trade (15 U.S.C. § 1). Practical Law Dictionary. Glossary of UK, US and international legal terms. www.pract …   Law dictionary

  • Sherman Anti-Trust Act — Sherman Antitrust Act Pour les articles homonymes, voir Antitrust. Le Sherman Anti Trust Act du 2 juillet 1890 est la première tentative du gouvernement américain de limiter les comportements anticoncurrentiels des entreprises : il …   Wikipédia en Français

  • Sherman Antitrust Act — n. A federal statute passed in 1890 to prevent monopolies and restrictions on free and open interstate and foreign commerce; see also antitrust, Clayton Act The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy… …   Law dictionary

  • Sherman Antitrust Act — Sen. John Sherman (R OH), the principal author of the Sherman Antitrust Act …   Wikipedia

  • Sherman Antitrust Act — Pour les articles homonymes, voir Antitrust. Le Sherman Anti Trust Act du 2 juillet 1890 est la première tentative du gouvernement américain de limiter les comportements anticoncurrentiels des entreprises : il signe ainsi la… …   Wikipédia en Français

  • Sherman Antitrust Act — an act of Congress (1890) prohibiting any contract, conspiracy, or combination of business interests in restraint of foreign or interstate trade. Cf. Clayton Antitrust Act. [named after John SHERMAN, who introduced the bill in Congress] * * *… …   Universalium

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