What are antitrust laws?

What are antitrust laws?

Antitrust laws, also referred to as competition laws, are statutes developed by the U.S. government to protect consumers from predatory business practices.   Antitrust laws ensure that fair competition exists in an open-market economy. These laws have...
What is the Business Judgment Rule?

What is the Business Judgment Rule?

The business judgment rule is invoked in lawsuits when a director of a corporation takes an action that affects the corporation, and a plaintiff sues, directly or derivatively (i.e., on behalf of the corporation), alleging that...