Examples of Sherman Act in a sentence
Defendants Amgen and Teva have engaged, and continue to engage, in an unlawful contract, combination or conspiracy that has unreasonably restrained trade or commerce in violation of Section 1 of the Sherman Act, 15 U.S.C. § 1.Amgen and Teva entered into an unlawful market division agreement that restrained competition in the market for branded and generic versions of Sensipar.
Am. Linseed Oil Co., 262 U.S. 371, 388 (1923) (“The Sherman Act was intended to secure equality of opportunity, and to protect the public against evils commonly incident to monopolies, and those abnormal contracts and combinations which tend directly to suppress the conflict for advantage called competition—the play of the contending forces ordinarily engendered by an honest desire for gain.”); Charles A.
Allain, 478 U.S. 265, 286 (1986).In the antitrust context, the Supreme Court observed in Twombly that “proceeding to antitrust discovery can be expensive.” Twombly, 550 U.S. at 558 (applying the plausibility pleading standard to Sherman Act claims).
Macleods also counterclaimed alleging sham litigation in violation of the Sherman Act, which Amgen denied.
The unlawful Amgen-Teva market division agreement is a per se violation of the Sherman Act, 15 U.S.C. § 1.