Lee Davis: Word Of The Day - Antitrust Law

Wednesday, September 03, 2014 - by Lee Davis
Antitrust laws are designed to protect trade and commerce. The protection is aimed at monopolies, price discrimination, and price-fixing. The Antitrust Division of the Justice Department and the Federal Trade Commission are the agencies that investigate antitrust violations.

In 1890 Congress passed a federal statute, the Sherman Antitrust Act, the prohibits interference with the freely competitive interstate manufacturer and distribution of goods. This statute commonly referred to as the Sherman Act is the governing authority. Congress amended the act by the Clayton Act of 1914.

Another statute, Hart-Scott-Rodino Antitrust Improvement Act, passed in 1976 improves the Justice Department's antitrust enforcement powers. This is the law that requires large companies to give the Federal Trade Commission and the Justice Department notice of intent to merge.

Lee Davis

Davis & Hoss, PC
508 East 5th Street
Chattanooga, TN 37401



Compass Auctions To Auction Custom Motorcycle

Compass Auctions and Real Estate announced that the Auction Firm has been selected to host both the online and live auction of a one-off custom KTM 450 in cooperation with RedBull Media House to benefit the Kurt Caselli Foundation.  “This is a once in a lifetime opportunity to own a unique piece of history,” said Steven Holt, vice president of Compass. “It ... (click for more)

LBMC Gains Bryan Mattice

LBMC, PC, one of the Southeast’s largest accounting and business consulting firms, has added Bryan Mattice to the Accounting and Assurance services team. Bryan Mattice, CPA,   serves as a staff accountant serving a variety of industry clients in the Accounting and Assurance service team. Mr. Mattice comes to LBMC from BlueCross BlueShield of Tennessee where he worked ... (click for more)

Two North Shore Sold To Pennsylvania Real Estate Firm For Almost $24 Million

The Two North Shore commercial development on Manufacturers Road in North Chattanooga has been sold to a Pennsylvania real estate firm for  $23,983,363. Steve Arnsdorff, who developed the successful center from the ground up and has continued to manage it, said the deal closed last week. He said the sale for the property at 319 Manufacturers Road is to Stoltz Real Estate ... (click for more)

Tennessee American Water Submits 2015 Infrastructure Capital Projects With 5.6% Rate Hike

Tennessee American Water has submitted to the Tennessee Regulatory Authority its 2015 infrastructure capital projects in conjunction with the new alternative rate mechanism.   Approved earlier in 2014 by the Tennessee Regulatory Authority, the alternative rate mechanism creates a process whereby Tennessee American Water will annually submit by December 1 its capital infrastructure ... (click for more)

Congratulations To Ron Hughes

Hearty congratulations to Ron Hughes for being selected as Tennessee State Elementary Principal of the Year for 2014. Wherever Ron has been assigned as principal, he has exhibited strong leadership both academically and morally. His faith in God and his love for the students of Hamilton County have guided his actions and everyone that has benefited from the excellent education ... (click for more)

Roy Exum: Brittany’s Days Dwindle

So here we are, facing what is known as “Devil’s Night” before Halloween comes, and the almost macabre news now comes that Brittany Maynard, the beautiful girl who has chosen to end her life as soon as Saturday, is struggling to meet her own deadline. She has inoperable brain cancer and, at best, only months to live. The 29-year-old, who was married shortly before her devastating ... (click for more)