Asked by Caleigh Noelle on May 18, 2024
Verified
If a plaintiff proves that it has suffered a direct injury by another company in violation of the Sherman Act,it is entitled to recover:
A) twice the amount of loss it suffered as a result of the violation,plus court costs and attorney's fees.
B) twice the amount of loss it suffered as a result of the violation.
C) only the amount of loss it suffered as a result of the violation,plus court costs and attorney's fees.
D) three times the amount of loss it suffered as a result of the violation,plus court costs and attorney's fees.
Sherman Act
An antitrust law enacted in 1890 that prohibits monopolistic practices and promotes fair competition in the United States.
Direct Injury
A harm or damage suffered directly by an individual or entity, not indirectly through another's injury.
Violation
The act of breaking a law, agreement, or rule, resulting in a failure to comply with legal or contractual obligations.
- Grasp the consequences of antitrust violations under the Sherman Act, including damages and penalties.
Verified Answer
AR
Arounda RileyMay 21, 2024
Final Answer :
D
Explanation :
Section 4 of the Clayton Act gives private parties a significant incentive to enforce the antitrust laws by providing that private plaintiffs injured by Sherman Act or Clayton Act violations are entitled to recover treble damages plus court costs and attorney's fees from the defendant.
Learning Objectives
- Grasp the consequences of antitrust violations under the Sherman Act, including damages and penalties.