Antitrust violations occur when antitrust laws, or laws protecting trade and commerce from abusive practices such as price-fixing, restraints, price discrimination, and monopolization, are broken. The three key federal statutes in Antitrust Law are Sherman Act Section 1, Sherman Act Section 2, and the Clayton Act. Violating antitrust laws can carry both criminal and civil penalties. Criminal penalties are capped at 10 years of jail time and $100,000,000 per violation.
For more detailed information see Antitrust laws.
[Last reviewed in June of 2022 by the Wex Definitions Team]
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