Antitrust compliance and its legal nature

Legal Principles in Antitrust Enforcement

We study antitrust enforcement that channels price-fixing incentives through setting fines and allocating resources to detection activities. Antitrust fines obey four legal principles: punishments should fit the crime, proportionality, bankruptcy considerations, and minimum fines. Bankruptcy considerations limit maximum fines, ensure abnormal cartel profits and impose a challenge for optimal an...

The nature of Over the Counter market and its distinction from Stock Exchange in Iran and the US Legal systems

Although clause 8 of article 1 of the Securities Market Act has been explained Over the Counter market and defined it to ”an electronic or non-electronic market which implements securities transactions on the basis of negotiations”, according to some changes in the rules and regulations of this section, including approval of Iranian Securities Market Act, The law for Development of New Financia...

The specialty boards and antitrust: a legal perspective.

Cost Containment, Alternative Delivery, and the Antitrust Laws - A Basic Guide for Antitrust Compliance

Soaring medical costs and the mounting pressure for cost containment have inspired departures from traditional methods of delivering health care services. Typically, these new methods entail cooperation among competing providers and the setting of preagreed actual or maximum charges for health care services. While efforts to lower health care costs are in the public interest, they enjoy no anti...

Antitrust Policy: A Century of Economic and Legal Thinking

P assage of the Sherman Act in the United States in 1890 set the stage for a century of jurisprudence regarding monopoly, cartels, and oligopoly. Among American statutes that regulate commerce, the Sherman Act is unequaled in its generality. The Act outlawed “every contract, combination or conspiracy in restraint of trade” and “monopolization” and treated violations as crimes. By these open-end...