Antitrust Violation in Oklahoma- What Should You Know

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Antitrust breaches in connection with Section 1 of the Sherman Antitrust Act can be brought before the civil or criminal courts. In compliance with 15 U.S.C. § 1, these federal acts are:

Every contract is considered illegal, whether combined in the form of trust or otherwise or collusion in limiting trade or trade between different states or with foreign countries. Every person who has entered into a contract or any combination or conspirator hereby deemed unlawful shall be found guilty of an offense and shall be penalized, upon conviction, at the discretion of the Court, in a fine not exceeding $100,000,000,000, or in a prison not exceeding 10 years, if a company or, if any other person, $1,000,000,000, or both, by the same penalty. If you wish to get more details, talk to a criminal lawyer.

In general, there are some reports of complicity in monopoly offenses, which are prosecuted as "common law" offenses (murder, robbery, rape, violence, and weapons, etc.). The jury thus asks: "Was the activity a criminal offense?” Typically, the government does not have to prove" criminal intent "in antitrust cases; however, certain mens rea (intention) are still related to criminal jury proceedings — which could affect punishment even if there is conviction.

Such charges that are regularly related to violations of the Antitrust or Sherman Antitrust Act include:

  • Bidding and supplementary bidding deals

  • Conspiracy to infringe competition-related legislation

  • Contracting fraud or conspiracy to hinder competition, postal fraud, wire fraud, money laundering, misrepresentations to government agencies, etc.

  • Agreements on intellectual property

  • Arrangements for Licensing

  • Deals on business distribution

  • Fusion

  • Price setting arrangements (fixation of horizontal or vertical prices)

  • The scam

Events That Should Be Noticed

Government Fixing Policy with Minimal Punishment is notable. Client accused of orchestrating a petrol pricing scheme of more than $5 million in trade volume. The jury made a guilty verdict on the price fixation breach of The Sherman Antitrust Act, but the judge only provided evidence of conviction and of punishment (without restitution).

* Note: The findings that differ, as the particular case and the law applicable to that case are to be determined on their own specific evidence. In a given case based on previous cases treated by this business, the probability of success should not be inferred.

How to Find Credible Lawyers?

Contact Foshhe and Yaffee in OKC if you are searching for a credible criminal lawyer. Our attorneys can provide you a flawless legal aid.

**Disclaimer: This content is not to be construed as legal advice nor does it establish terms of a client-attorney relationship.

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