Section 1 of Sherman Act provides every contract, combination in the form of trust or otherwise, or conspiracy in restraint of trade or commerce among several States is declared illegal. The Supreme Court has long interpreted section to prohibit only unreasonable restraints.
Section 1 of Sherman Act provides every contract, combination in the form of trust or otherwise, or conspiracy in restraint of trade or commerce among several States is declared illegal. The Supreme Court has long interpreted section to prohibit only unreasonable restraints.
Employers have received the clearest signal yet that the courts will permit criminal prosecutions of employee wage-fixing agreements as per se violations of the Sherman Act.