Learn More About Antitrust And Trade Regulation Law in Lorain, Ohio

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Lorain is a city in Lorain County, Ohio, United States. The municipality is located in northeastern Ohio on Lake Erie, at the mouth of the Black River, about 30 miles west of Cleveland. As of the 2000 Census, the city had a total population of 68,652, making it Ohio's 10th largest city. It was first settled in 1807 and was originally named Charleston. Ford Motor Company had the Lorain Assembly Plant in the city, mostly known for assembling the Ford Econoline (E-series) van and Mercury Cougar; the plant ceased production on December 14, 2005. The sprawling United States Steel Mills, portions recently acquired by Republic Steel, stretch for nearly 3 miles on the city's south side. These mills have operated in the city since 1895 and continue to employ thousands of local residents. The Lorain Works is one of the few integrated steel mills left in the United States.

Antitrust And Trade Regulation Law Lawyers In Lorain Ohio

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What is antitrust and trade regulation law?

Antitrust and Trade Regulation laws aim to promote free competition in the marketplace. Agreements or cooperative efforts by two or more entities that affects or restrains competitors is illegal under these laws. The Sherman Act makes illegal any contract, combination, or conspiracy in restraint of trade or commerce and makes monopolies and attempts, combinations, or conspiracies to monopolize illegal. The Clayton Act regulate price discrimination, tying and exclusive dealing contracts, stock acquisition and interlocking directorates.

Answers to antitrust and trade regulation law issues in Ohio

Will a lawyer work to get paid only if he or she wins?

In certain kinds of cases, lawyers charge what is called a contingency fee. Instead of billing by the hour, the...

What do I do if I think a company is not competing fairly violating antitrust laws?

Antitrust laws help ensure a vigorous, competitive marketplace to maintain fair prices, the availability of an array...

What kinds of cases may be suitable for a mass tort lawsuit?

In general, mass tort cases involve a large number of individual claimants with claims associated with a single...