![]() In the United States, major federal antitrust legislations include the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. Not all of these cases resulted in successful verdicts however, all 15 are considered significant because they either changed case law or how we came to use the products in question. For the sake of this article, a monopoly is defined as a business or cartel of businesses that has-because of its size and/or market position-dominated most or all aspects of an industry, including the ability to compete. To help understand how the United States has typically dealt with businesses accused of bad business practices, Stacker has compiled a list of 15 cases the United States government prosecuted for violation of the nation’s monopoly rules. ![]() The company’s recent decision to do nothing against misleading or factually incorrect political ads has many feeling that the company may be dangerously unaccountable. With Facebook, the social media giant’s inability or unwillingness to protect users’ private data was largely brushed off, as the company has few viable competitors. Sometimes, the product shown is not the best, but the one that best played Amazon’s obscure seller protection scheme. If someone was to search for baby products using Amazon, the search engine would likely bring up the company’s AmazonBasics line before that of an outside product, with the Basics line priced below competitors. ![]() Amazon, for example, has made it difficult for smaller competitors to find equity. This concept manifests itself in different ways. Several of these firms purchased their competitors-such as Facebook’s acquisition of Instagram-driving down marketplace competition and any innovations that such competition may have caused. Presidential candidate Elizabeth Warren has taken on this popular position, pointing to companies like Apple and Google and arguing they ought to be broken down into smaller companies that can be more easily regulated. ![]() The proceedings bring to light the unchecked growth of a number of companies some say have gotten too big. Forty-seven attorneys general are looking at potential antitrust violations of social networking behemoth Facebook in a New York-led investigation launched September 2019 that has expanded significantly since.
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