Sherman Antitrust Act Essay Example | Topics and Well Written Essays - 500 words

Sherman Antitrust Act - Essay ExampleThe Sherman Act is also a consumer protection measure that ensures a single company will not monopolize a product, inspection and repair or industry in a way that deprives consumers of a reasonable choice of whom to do production line with. This enables consumers to influence the pricing of products and services by leveraging their demand among multiple competing suppliers.Despite the important purposes of the antitrust laws, Congress has seen fit to carve out various franchises for certain types of businesses and activities. For each such exemption, there is a rationale, the merits of which heap often be debated. Among the antitrust exemptions are the followingOne of the most debated - and maligned - exemptions to the antitrust laws is the exemption for professional baseball. It is an exemption that no other professional sport enjoys. The exemption was granted to Major alliance Baseball in 1922 by the U.S. Supreme Court, which held that bas eball is a sport, not a business intermeshed in interstate commerce, and therefore antitrust laws do not apply (Stephenson, 2001, par. 2). The effect of this decision is that owners can act in concert on many matters that a regulated business cannot (par. 3).