Lee Davis: Word Of The Day - Antitrust Law

Wednesday, September 3, 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



New And Used Vehicle Sales Increase In July

New vehicle sales in Hamilton County increased to 1,190 in July and used vehicle sales increased to 3,641, according to figures from the County Clerk's office.  That compares to 1,162 new vehicles sold and 3,488 used vehicles sold in July of last year.  Totals for July included 485 new cars and 705 new trucks sold. They included 1,871 used cars and 1,770 used trucks sold. (click for more)

GDOL To Host A Recruitment Next Week In Fort Oglethorpe To Fill 500 Jobs With Convergys

The Georgia Department of Labor will help Convergys hire 500 customer service and sales representatives at a recruitment Tuesday, Aug. 11, in Fort Oglethorpe. The recruitment will be from 10 a.m.-2 p.m. in the council meeting room at Fort Oglethorpe City Hall located at 500 City Hall Dr. Convergys is a company that provides customer management solutions for companies internationally. ... (click for more)

Truck Driver Who Caused Wreck That Killed 6 People At Ooltewah Indicted On 13 Charges; Report Says He Drove Excessive Hours

The Chattanooga Police Department has issued a capias for the arrest of Benjamin Brewer, 39, concerning the multiple fatality traffic crash that occurred on I-75 northbound on June 25. Brewer was indicted on Monday on 13 counts.  They include six counts of vehicular homicide by impairment, a B-felony; four counts for reckless aggravated assault, a D-felony; one count for DUI ... (click for more)

Sterling Jetton Seeks Office Of Hamilton County Assessor Of Property

Sterling Jetton announced that he will seek the Republican nomination for the office of Hamilton County assessor of property.  The Republican Primary will be held on March 1.  After serving in the United States Army and the National Guard, Rev. Jetton has worked as an employee of the Assessor of Property’s office for 27 years.  Rev. Jetton has also served in bi-vocational ... (click for more)

Why Is The City Diverting Federal Transportation Funds From Real Need?

The city of Chattanooga and CBL, owner of Hamilton Place Mall, would have the mass of taxpayers believe that improving mall access from the interstate is not impacting us financially.   Namely, CBL has committed to fund the city’s match of $8 million, so they will receive $32 million in Federal Transportation Funds that are allocated annually to local jurisdictions through ... (click for more)

Roy Exum: A Very Silly Apology

It didn’t get a lot of attention, as well it should not have, but when I heard Japanese giant Mitsubishi was offered an apology for heinous war crimes that took place during World War II, I thought it was an ill-conceived publicity stunt. But, no, in a solemn ceremony last month hosted by the Museum of Tolerance at the Simon Wiesenthal Center in Los Angeles, that is exactly what ... (click for more)