At the turn of the century, a group of wealthy and powerful men that included John D. Rockefeller, Andrew Carnegie, and Andrew W. Mellon, collectively known as the “Robber Barons,” created monopolies that prevented healthy competition in the marketplace. This resulted in the Sherman Antitrust Act of 1890 and later, the Clayton Act of 1914, both aimed at preserving healthy competition while preventing the consolidation of power in the hands of the few and wealthiest among us.
Antitrust laws protect consumers and businesses from price-fixing schemes, big rigging, exclusive dealing or monopolies designed to limit competitors in the market. While small businesses can be hurt by unfair competitive practices, consumers can pay dearly in the form of inflated prices. Civil lawsuits seek financial damages that can amount to triple the defendant’s unfair gain.
The class action attorneys at Pope McGlamry offer individuals and businesses a chance to fight back against antitrust violations, on either a nationwide or a statewide basis, against corporations who have deep pockets for legal counsel.
We take on claims in the complex business areas of anti-trust violations, including:
- Exclusive dealing
- Predatory pricing
- Collective boycotts
In this way, we hold companies and their boards of directors accountable for their actions.