Competition law
Videos
Competition law, also known as antitrust law, is the field of law that promotes and maintains market competition by regulating anti-competitive conduct by companies.
Senatorial Round House by Thomas Nast, 1886
Monopoly
Videos
A monopoly is a market in which one person or company is the only supplier of a particular good or service. A monopoly is characterized by a lack of economic competition to produce a particular thing,
Competition law
…the United States enacted the Sherman Act of 1890. During the early 20th century, legal trusts were employed by business conglomerates to establish monopolies, which led to the development of "antitrust law" in the United States. As of 2020, over 140 competition law regimes have been established. A majority…
This 1879 anti-monopoly cartoon depicts powerful railroad barons controlling the entire rail system.
A 1902 anti-monopoly cartoon depicts the challenges that monopolies may create for workers.