meaner gene
Diamond Member
- Feb 11, 2017
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The Sherman antitrust act covers vertical monopolies. That's because such a monopoly economically prohibits other companies from entering that market.You are begging the question. You assume in your post what the court was required to prove, that Standard Oil was a monopoly.
Vertical integration through a merger is subject to the provisions laid out in the Clayton Antitrust Act of 1914, which governs transactions that fall under the umbrella of antitrust law. The Act provides substance and clarification to the Sherman Antitrust Act of 1890.