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Sherman Antitrust Act of 1890

2 amendmentstracked · Side-by-side comparison of previous and amended text

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Civil Rights Act of 1964Clean Air ActSocial Security Act of 1935Immigration and Nationality Act of 1965Internal Revenue CodeAmericans with Disabilities Act of 1990Voting Rights Act of 1965Fair Labor Standards Act of 1938Health Insurance Portability and Accountability Act of 1996Affordable Care Act of 2010Endangered Species Act of 1973Sherman Antitrust Act of 1890National Labor Relations Act of 1935Clean Water Act of 1972Freedom of Information Act of 1966Dodd-Frank Wall Street Reform Act of 2010USA PATRIOT Act of 2001Fair Housing Act of 1968Telecommunications Act of 1996Homestead Act of 1862GI Bill (Servicemen's Readjustment Act of 1944)
October 15, 1914

Clayton Act supplemented the Sherman Act by specifying particular prohibited business practices.

Previous

Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, is declared to be illegal.

Amended

Specific practices are prohibited where their effect may be to substantially lessen competition: price discrimination, tying arrangements, exclusive dealing, and mergers that tend to create monopolies. Labor unions are exempted from antitrust prosecution.

June 22, 2004

Antitrust Criminal Penalty Enhancement and Reform Act increased maximum criminal penalties.

Previous

Criminal violations of the Sherman Act are punishable by fines up to $10 million for corporations and $350,000 for individuals, with imprisonment up to 3 years.

Amended

Criminal violations are punishable by fines up to $100 million for corporations and $1 million for individuals, with imprisonment up to 10 years.