Business Law Newsletters
Anti-Competitive Discrimination By Sellers Under the Clayton Act
The federal Clayton Act contains prohibitions against various specific anti-competitive practices and is designed to supplement the broad prohibitions of the Sherman Act against anti-competitive agreements and monopolization. Section 2 of the Clayton Act, 15 U.S.C.S. § 13, as amended by the Robinson-Patman Act, specifically prohibits discrimination in the price of commodities or in commissions, allowances, services, or facilities if such discrimination is anti-competitive.
Antitrust & Trade Law: Clayton Act
Section 3 of the Clayton Act, 15 U.S.C.S. § 14, makes illegal certain distribution practices. Generally, Section 3 of the Clayton Act makes it illegal to enter into tying arrangements, exclusive dealing contracts, or requirements contracts if such arrangements or contracts tend to lessen competition.
Business & Corporate Entities> Corporations> Shareholders & Other Constituents> Shareholder Duties & Liabilities
(Controlling Shareholder Duties)
Public Reporting Requirements for Major Company Events
Major events for public companies must be made public through the filing of Form 8-K with the Securities and Exchange Commission. Form 8-K must be filed within four days after the events outlined in Sections 1 through 5 and 9 below.
Statutory Conflict of Interest Provisions
A majority of states have statutes that address director and officer conflicts of interests in corporate transactions. The conflict of interest provisions vary from state to state; however, most states have enacted some version of the conflict of interest provisions contained in the Revised Model Business Corporation Act.