Antitrust myths: What you think you know could hurt you

A top ten list of antitrust myths are presented: 1. Nobody but a lawyer could understand the antitrust laws. 2. Antitrust laws are no big deals. 3. Antitrust laws do not apply to utilities. 4. Antitrust laws are hard to break. 5. Antitrust laws forbid unreasonable restraints of trade so you are home...

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Bibliographic Details
Published in:American Gas 1999-07, Vol.81 (6), p.28
Main Author: Stephens, Jay
Format: Magazinearticle
Language:English
Subjects:
Antitrust laws
Customer services
Guidelines
Interstate commerce
Local distribution companies
Market positioning
Natural gas
Restraint of trade
Suppliers
Tying arrangements
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Summary:A top ten list of antitrust myths are presented: 1. Nobody but a lawyer could understand the antitrust laws. 2. Antitrust laws are no big deals. 3. Antitrust laws do not apply to utilities. 4. Antitrust laws are hard to break. 5. Antitrust laws forbid unreasonable restraints of trade so you are home safe if your actions can be shown to be reasonable. 6. If you avoid price-fixing, you will not have a problem. 7. You will be all right as long as you do not commit a per se antitrust violation. 8. If no agreement exists, you cannot violate antitrust laws. 9. If you state legislature or public utilities commission says you can do something, you can ignore what antitrust laws say. 10. If the substance of what you are doing is legal, you do not have to worry about how it looks.
ISSN:1043-0652