Instead of competing with each other, manufacturers of similar or identical products sometimes conspire. This tends to result in higher prices. But federal and state antitrust laws are designed to protect you from conspiracies. Indeed, the U.S. Supreme Court has described the antitrust laws as the “Magna Carta of free enterprise[,] as important to the preservation of economic freedom and our free-enterprise system as the Bill of Rights is to the protection of our fundamental personal freedoms.”

Antitrust violations include such things as:

  • An agreement by two or more competitors to fix their prices for a similar or identical product or service;
  • An agreement by two or more competitors not to compete for each other’s customers or business; or
  • A company’s unfair use of its monopoly power over a product or service.

Federal and many state antitrust laws permit antitrust victims to recover three times their damages, plus attorneys’ fees. So if you think you’ve been victimized by price fixers or a monopolist, please call 216.622.1851 or email us at [email protected]. We’ll be happy to describe the law and the options that it offers you or your business.