What does Sherman Anti-trust Act Section 2 prohibit?

The Sherman Anti-Trust Act Section 2 specifically addresses and prohibits the possession and maintenance of monopoly power. This section is crucial in promoting fair competition in the market by making it illegal for any individual or company to monopolize or attempt to monopolize any part of interstate or foreign commerce.

Monopoly power refers to the ability of a company to control a market, set prices, and exclude competition, which can lead to unfair practices that harm consumers and other businesses. By prohibiting this behavior, Section 2 aims to prevent companies from engaging in anti-competitive practices that could lead to higher prices, lower quality goods and services, and reduced innovation in the marketplace.

This focus on maintaining competition is fundamental to a healthy economy and aligns with the broader goals of antitrust laws, which seek to create an environment where various businesses can operate fairly and compete on equal footing.