Illinois Antitrust Law
There has always been a romantic image of America as the land of unbridled capitalism. But the truth is, even free markets need rules. Competition is not a bloodsport, after all. It is a system intended to maximize consumer benefits while respecting certain basic standards of fairness.
This is where the antitrust laws play a vital role in our economic and legal system. Antitrust law is meant to serve as a protection against unreasonable restraints imposed by private parties trying to subvert the normal market process. The Illinois antitrust lawyers at the Law Offices of George M. Sanders, P.C., provide litigation assistance to individuals and businesses affected by such anticompetitive conduct. We focus on representing plaintiffs in court who seek monetary damages and injunctive relief against defendants who engage in illegal activities under federal and state antitrust laws.
How Do the Antitrust Laws Protect Me?
The emphasis in modern antitrust law is on consumer protection. In other words, if businesses conspire to raise prices or reduce the quality of goods or services offered to consumers, such conduct will inevitably raise antitrust concerns. But individual competitors are also affected by such conduct, and they have a right to seek remedies in court.
The Law Offices of George M. Sanders, P.C., helps clients with antitrust litigation in the following areas:
- Abuses of Market Power – Much of our practice focuses on health care, where there has been a great deal of consolidation in recent years among hospitals and third-party payers. Such consolidation frequently leads to abuses of market power, including group boycotts, exclusionary contracts, and sham peer review.
- Using Mergers to Eliminate Competition – While the federal and state governments have been lax in recent years in regulating mergers, the Clayton Antitrust Act still provides legal remedies against mergers that may substantially lessen competition in a given market or geographic area.
- Harmful Joint Ventures and Conspiracies – Even without merging, a handful of dominant firms may still conspire to restrain trade. For example, hospitals and physician groups may agree to fix prices or allocate certain types of patients among themselves. Such conduct is forbidden by the federal Sherman Antitrust Act.
Fighting State and Federal Antitrust Violations
While most antitrust litigation involves federal law–because it affects interstate commerce–it is important not to overlook potential state violations. Illinois, like most states, has its own antitrust laws designed to address business misconduct within its borders. Similar to the Sherman Act, the Illinois Antitrust Act forbids price fixing, market allocation, acquisition of monopoly power, and exclusive dealing.
Whether you have potential claims under state or federal law, it is important to work with an experienced Illinois antitrust lawyer. Antitrust litigation can get quite complicated, and it often takes several months of pretrial investigation to successfully prosecute a civil antitrust claim. The Law Offices of George M. Sanders, P.C., can help you at every stage of this process and fight to win any compensation the law entitles you to collect from antitrust violators. Call us today at (312) 624-7642 or contact us online to schedule a free consultation so we can discuss your situation and outline your potential litigation options.