
Federal anti-trust laws
are enforced by the Federal Trade Commission ("FTC" or
"Commission") and the Antitrust Division of the United States
Department of Justice ("DOJ" or "Antitrust
Division"). For the last 20 years antitrust doctrine and the
antitrust enforcement policies of the FTC and the DOJ have continued to
evolve, however, very few cases over the last 20 years have specifically
dealt with trade associations and their activities. From a
practitioner's standpoint, this is significant. Given the lack of new
case law in the trade association arena, many legal practitioners, and
trade associations, have continued to rely on old outdated case law when
formulating their opinions and making their decisions. This reliance on
misinformation often leads to passive, overly conservative, inefficient,
and ineffective participation by trade associations within the industry.
Often, practitioner’s and associations are much better consulting
recent FTC and DOJ advisory opinions than relying on stale case law.
The
Sherman Act
was enacted in 1890 and gave the DOJ anti-trust enforcement authority.
In 1914 Congress enacted the Federal
Trade Commission Act. This was in response to a perceived need for
an independent antitrust enforcement agency. The Federal Trade
Commission Act provided more flexibility and a more detailed and
encompassing antitrust law. As a result the DOJ and the FTC today share
jurisdiction in most antitrust cases. (For instance, in April of 1995
the DOJ and the FTC jointly issued what are referred to as antitrust
guidelines for the licensing of intellectual property.) The DOJ
Antitrust Division may pursue both civil and criminal antitrust
enforcement under the Sherman
Act. In contrast, the FTC may only institute civil proceedings under
the FTC Act
or the
Clayton Act.