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Course Format
Video on Demand  Video On Demand
Product ID
tabcatls_vod
Training Time ?
12 to 22 minutes
Language(s)
English
Video Format
High Definition
Required Plugins
None
Number of Lessons
8
Quiz Questions
10
Closed Captioning
Question Feedback
Wrong Answer Remediation
Lesson Bookmarking
Downloadable Resources
Interactive Producer
Mastery Training Content Network
Original Content Producer
TrainingABC
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Overview

For over 100 years, three sources have formed the basis for U.S. anti-trust law, the Sherman Act, the Clayton Act, and the FTC Act. The Department of Justice and the Federal Trade Commission use these laws to police anti-competitive business practices that harm consumers. Parties committing anti-trust violations face stiff penalties, including imprisonment and fines as high as 100 million dollars or more. So, how do these laws define an anti-trust violation? Put simply, anti-trust refers to business practices which restrain trade. This course explains anti-trust violations and provides a number of scenarios to demonstrate what is and is not legal.

When determining whether an action would violate anti-trust laws, there are two important factors to consider: 1) whether the practice has a legitimate business interest, and 2) whether it harms the consumer. There are numerous ways harm can befall the consumer, whether through one corporation monopolizing the marketplace, multiple corporations agreeing not to compete with one another, and more. You are shown additional examples here, including whether certain conduct is proper when dealing with suppliers, mergers, and trade associations. You are also provided definitions for key anti-trust concepts such as price fixing, bid rigging, and illegal market divisions.

At first glance, “anti-trust” may seem like an abstract and esoteric subject. However, its core concepts are quite easy to understand. After all, at the heart of anti-trust considerations is the consumer. If businesses act in such a way that will harm the consumer, anti-trust laws may be violated. Utilize the information presented in this training video to better understand anti-trust laws and identify where violations may occur.

Video on Demand   This course is in the Video On Demand format, to read about Video On Demand features click here.

  • Install on any SCORM LMS
  • Full-screen video presentation
  • Print certificate and wallet card
  • You have 60 days to complete the course
Audience

Business leaders

Topics
The course presents the following topical areas:
  • Overview
  • Factors To Consider
  • Anti-Trust Violations
  • Supply Chain Dealings
  • Single Firm Conduct
  • Mergers
  • Trade Associations
  • Conclusion

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