GS-II: Governance, Polity, IR
US antitrust law
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US antitrust law rests on the Sherman Act, Clayton Act, and Federal Trade Commission (FTC) Act, enforced by the Department of Justice (DOJ) Antitrust Division against monopolistic practices, Big Tech mergers, and market dominance. Its significance for India arises from extraterritorial enforcement affecting global technology and pharmaceutical companies with significant Indian operations or diaspora-led leadership, which reshapes global market structures, impacts Indian IT and pharma sector competitiveness, and influences India's own evolving Competition Act jurisprudence under the Competition Commission of India (CCI).