The study of the federal laws regulating monopolies and restraints of trade. The substantive provisions of the antitrust laws are relatively brief - there are only three main statutes - the Sherman Act (1890), the Clayton Act (1914) and the FTC Act (1914). These statutes entail broad prohibitions, and there are no detailed regulations like the tax code. Antitrust tends to be more like Constitutional Law than like other statutory law courses - basically, there is an ancient document (the Sherman Act) containing some broad generalizations and a lot of Supreme Court cases interpreting the law.