Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Kicked off the eBay boards AGAIN (this time, 30 days) c/o SGS "graded" coins!!
>
Reply to Thread
Message:
<p>[QUOTE="stevesgiftshopp, post: 133108, member: 5658"]Antitrust Laws and You</p><p><br /></p><p>Many consumers have never heard of antitrust laws, but when these laws are effectively and responsibly enforced, they can save consumers millions and even billions of dollars a year in illegal overcharges. Most states have antitrust laws, and so does the federal government. Essentially, these laws prohibit business practices that unreasonably deprive consumers of the benefits of competition, resulting in higher prices for inferior products and services. </p><p><br /></p><p>There are three major federal antitrust laws: the Sherman Antitrust Act, the Clayton Act, and the Federal Trade Commission Act. The following information on these laws comes from the Antitrust Enforcement and the Consumer guide.</p><p><br /></p><p>Sherman Antitrust Act </p><p>This Act expresses our national commitment to a free market economy in which competition free from private and governmental restraints leads to the best results for consumers. This Act outlaws all contracts, combinations, and conspiracies that unreasonably restrain interstate and foreign trade. This includes agreements among competitors to fix prices, rig bids, and allocate customers, which usually are punishable as criminal felonies. </p><p><br /></p><p>The Sherman Act also makes it a crime to monopolize any part of interstate commerce. An unlawful monopoly exists when only one firm controls the market for a product or service, and it has obtained that market power, not because its product or service is superior to others, but by suppressing competition with anticompetitive conduct.</p><p><br /></p><p>The Act, however, is not violated simply when one firm's vigorous competition and lower prices take sales from its less efficient competitors; in that case, competition is working properly. </p><p><br /></p><p>The Clayton Act </p><p>This Act is a civil statute (carrying no criminal penalties) that prohibits mergers or acquisitions that are likely to lessen competition. Under this Act, the government challenges those mergers that careful economic analysis shows are likely to increase prices to consumers. All persons considering a merger or acquisition above a certain size must notify both the Antitrust Division and the Federal Trade Commission. The Act also prohibits other business practices that may harm competition under certain circumstances. </p><p><br /></p><p>The Federal Trade Commission Act </p><p>This Act prohibits unfair methods of competition in interstate commerce, but carries no criminal penalties. It also created the Federal Trade Commission to police violations of the Act. </p><p>The Department of Justice also often uses other laws to fight illegal activities, including laws that prohibit false statements to federal agencies, perjury, obstruction of justice, conspiracies to defraud the United States and mail and wire fraud. Each of these crimes carries its own fine and imprisonment term, which may be added to the fines and imprisonment terms for antitrust law violations. </p><p><br /></p><p>Read more about the activities of the Antitrust Division:</p><p><br /></p><p>Antitrust Enforcement and the Consumer </p><p>Price Fixing, Bid Rigging and Market Allocation Schemes: What They Are and What to Look For </p><p>Overview of the Antitrust Division </p><p>Antitrust Division Manual, Chapter 2: Statutory Provisions and Guidelines of the Antitrust Division. </p><p>How You Help the Antitrust Division</p><p><br /></p><p>Information from the public is vital to the work of the Antitrust Division. Your e-mails, letters, and phone calls could be our first alert to a possible antitrust violation and may provide the initial evidence needed to begin an investigation. </p><p><br /></p><p>The Antitrust Division's Citizen Complaint Center (CCC) facilitates communication of your concerns to the Division's legal staff. The CCC conducts a preliminary review of all complaints. If your complaint raises sufficient concern under the federal antitrust laws, the CCC will refer it to the appropriate Division section where additional research may lead to a formal investigation into the reported conduct.</p><p><br /></p><p>Please keep in mind that the Antitrust Division is prohibited from giving legal advice to private individuals.</p><p><br /></p><p>How to File a Complaint</p><p><br /></p><p>If you have information about a possible antitrust violation or potential anticompetitive activity, please contact us by e-mail, regular mail, or phone. We recommend that you use the following questions as a guideline when describing your complaint:</p><p><br /></p><p>What are the names of companies, individuals, or organizations that are involved? </p><p>How do you believe they have violated the antitrust laws? </p><p>Can you give examples of the conduct that you believe violates the antitrust laws? If so, please provide as much detail as possible. </p><p>What is the product or service affected by this conduct? Where is the product manufactured or sold, or where is the service provided? </p><p>Who are the major competitors that sell the product or provide the service? </p><p>What is your role in the situation in question? </p><p>Who is harmed by the alleged violations? How are they harmed? </p><p>How to Contact Us</p><p><br /></p><p>You can reach us with your complaint by e-mail, regular mail, or phone. </p><p><br /></p><p>E-mail </p><p><a href="mailto:antitrust.complaints@usdoj.gov">antitrust.complaints@usdoj.gov</a> </p><p><br /></p><p>Mail </p><p>Citizen Complaint Center</p><p>Antitrust Division</p><p>950 Pennsylvania Ave., NW </p><p>Room 3322</p><p>Washington, DC 20530 </p><p><br /></p><p>Phone </p><p>1-888-647-3258 (toll free in the U.S. and Canada) or 202-307-2040 </p><p>If you do not think your concerns involve the antitrust laws, you may want to visit the Department of Justice web page for more information or send an e-mail to <a href="mailto:AskDOJ@usdoj.gov">AskDOJ@usdoj.gov</a>.</p><p><br /></p><p>Confidentiality Policy and Privacy Policy</p><p><br /></p><p>Our Confidentiality Policy and Privacy Policy apply to all complaints received by the Antitrust Division.</p><p><br /></p><p>Leniency Policies</p><p>Individuals or companies who (a) believe they may have been involved in criminal antitrust violations and (b) cooperate with the Antitrust Division may avoid prosecution if they meet the conditions of our individual or corporate leniency (amnesty) policies.[/QUOTE]</p><p><br /></p>
[QUOTE="stevesgiftshopp, post: 133108, member: 5658"]Antitrust Laws and You Many consumers have never heard of antitrust laws, but when these laws are effectively and responsibly enforced, they can save consumers millions and even billions of dollars a year in illegal overcharges. Most states have antitrust laws, and so does the federal government. Essentially, these laws prohibit business practices that unreasonably deprive consumers of the benefits of competition, resulting in higher prices for inferior products and services. There are three major federal antitrust laws: the Sherman Antitrust Act, the Clayton Act, and the Federal Trade Commission Act. The following information on these laws comes from the Antitrust Enforcement and the Consumer guide. Sherman Antitrust Act This Act expresses our national commitment to a free market economy in which competition free from private and governmental restraints leads to the best results for consumers. This Act outlaws all contracts, combinations, and conspiracies that unreasonably restrain interstate and foreign trade. This includes agreements among competitors to fix prices, rig bids, and allocate customers, which usually are punishable as criminal felonies. The Sherman Act also makes it a crime to monopolize any part of interstate commerce. An unlawful monopoly exists when only one firm controls the market for a product or service, and it has obtained that market power, not because its product or service is superior to others, but by suppressing competition with anticompetitive conduct. The Act, however, is not violated simply when one firm's vigorous competition and lower prices take sales from its less efficient competitors; in that case, competition is working properly. The Clayton Act This Act is a civil statute (carrying no criminal penalties) that prohibits mergers or acquisitions that are likely to lessen competition. Under this Act, the government challenges those mergers that careful economic analysis shows are likely to increase prices to consumers. All persons considering a merger or acquisition above a certain size must notify both the Antitrust Division and the Federal Trade Commission. The Act also prohibits other business practices that may harm competition under certain circumstances. The Federal Trade Commission Act This Act prohibits unfair methods of competition in interstate commerce, but carries no criminal penalties. It also created the Federal Trade Commission to police violations of the Act. The Department of Justice also often uses other laws to fight illegal activities, including laws that prohibit false statements to federal agencies, perjury, obstruction of justice, conspiracies to defraud the United States and mail and wire fraud. Each of these crimes carries its own fine and imprisonment term, which may be added to the fines and imprisonment terms for antitrust law violations. Read more about the activities of the Antitrust Division: Antitrust Enforcement and the Consumer Price Fixing, Bid Rigging and Market Allocation Schemes: What They Are and What to Look For Overview of the Antitrust Division Antitrust Division Manual, Chapter 2: Statutory Provisions and Guidelines of the Antitrust Division. How You Help the Antitrust Division Information from the public is vital to the work of the Antitrust Division. Your e-mails, letters, and phone calls could be our first alert to a possible antitrust violation and may provide the initial evidence needed to begin an investigation. The Antitrust Division's Citizen Complaint Center (CCC) facilitates communication of your concerns to the Division's legal staff. The CCC conducts a preliminary review of all complaints. If your complaint raises sufficient concern under the federal antitrust laws, the CCC will refer it to the appropriate Division section where additional research may lead to a formal investigation into the reported conduct. Please keep in mind that the Antitrust Division is prohibited from giving legal advice to private individuals. How to File a Complaint If you have information about a possible antitrust violation or potential anticompetitive activity, please contact us by e-mail, regular mail, or phone. We recommend that you use the following questions as a guideline when describing your complaint: What are the names of companies, individuals, or organizations that are involved? How do you believe they have violated the antitrust laws? Can you give examples of the conduct that you believe violates the antitrust laws? If so, please provide as much detail as possible. What is the product or service affected by this conduct? Where is the product manufactured or sold, or where is the service provided? Who are the major competitors that sell the product or provide the service? What is your role in the situation in question? Who is harmed by the alleged violations? How are they harmed? How to Contact Us You can reach us with your complaint by e-mail, regular mail, or phone. E-mail [email]antitrust.complaints@usdoj.gov[/email] Mail Citizen Complaint Center Antitrust Division 950 Pennsylvania Ave., NW Room 3322 Washington, DC 20530 Phone 1-888-647-3258 (toll free in the U.S. and Canada) or 202-307-2040 If you do not think your concerns involve the antitrust laws, you may want to visit the Department of Justice web page for more information or send an e-mail to [email]AskDOJ@usdoj.gov[/email]. Confidentiality Policy and Privacy Policy Our Confidentiality Policy and Privacy Policy apply to all complaints received by the Antitrust Division. Leniency Policies Individuals or companies who (a) believe they may have been involved in criminal antitrust violations and (b) cooperate with the Antitrust Division may avoid prosecution if they meet the conditions of our individual or corporate leniency (amnesty) policies.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Kicked off the eBay boards AGAIN (this time, 30 days) c/o SGS "graded" coins!!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...