ABSTRACT

This chapter examines the influence of the Sherman Antitrust Act on the foreign business operations of US multinational corporations. Corwin Edwards has summarized the Act as forbidding the private concerted restraint of the domestic and foreign commerce of the United States, as well as monopolization or any attempt at such monopolization of any part of that commerce. The inception of the Sherman Act was examined carefully in order to discern its philosophical base. The effect of the law varies with the strategy by which market entry is attempted, since different theoretical considerations apply to each market entry strategy. The interaction of market and antitrust either afforded no chance for an alternative strategy of market entry or made it clear that a change in strategy would bring the same results.