Asked by Leyla Jackson on May 16, 2024

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Any conspiracy that has a substantial effect on U.S. commerce is within the scope of the Sherman Act, unless it occurs outside the United States.

Sherman Act

A foundational United States antitrust law passed in 1890 to prohibit monopolies and practices that restrain trade, ensuring fair competition.

U.S. Commerce

pertains to the buying, selling, and trading of goods and services within the United States or between the United States and foreign countries.

  • Understand the scope and constraints of U.S. antitrust legislation in overseeing international corporations and treaties.
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Verified Answer

GS
Gurnoor SinghMay 19, 2024
Final Answer :
False
Explanation :
The Sherman Act can apply to international or foreign conspiracies if they have a substantial and intended effect on U.S. commerce, according to the Foreign Trade Antitrust Improvements Act (FTAIA) and judicial interpretations.