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This article is the second in a series on “teaching notes” on subject matter materials found in a standard business law or legal environment of business course. The topic of this teaching note is antitrust. The article discusses the various antitrust statutes as they are applied to business; the reasoning employed by various courts in analyzing antitrust allegations; and the rules utilized by courts in judging any antitrust violations. The article cites many of the most important cases decided by courts in the United States in interpreting how the various statutory and administrative materials should be applied in the context of American business practices. Once these materials have been fully explored, the basic principles and ideas can be applied to the functional area of the business curriculum such as marketing, management, finance, and sports, and the specialized area of franchising. |