This document discusses trusts in business history and current antitrust laws. It describes how trusts in the 1800s controlled major industries like railroads and oil. President Theodore Roosevelt then enforced antitrust laws like the Sherman Act and Clayton Act to break up these large trusts. The document lists these key antitrust acts from 1890 to 1914 and types of anti-competitive behaviors they address such as predatory pricing, tying arrangements, and price gouging.

1. Business Law Course

2. Microsoft Case

3. Trusts: A Brief History
 Once upon a time, way back in the 1800s, there were several giant
businesses known as “trusts.” They controlled whole sections of the
economy, like railroads, oil, steel, and sugar.
 President Theodore Roosevelt busted many trusts by enforcing what came
to be known as “antitrust” laws.

4. Antitrust Laws
 The Sherman Act (1890)
 The Clayton Act (1914)
 Federal Trade Commission (FTC) Act (1914)
 Predatory pricing
 Tying
 Price gouging
 Refusal to deal (group boycott)