The Sherman Antitrust Act attempted to eliminate all price fixing and to establish free competition as the cornerstone of this nation's economic policy. Nevertheless, Congress soon excluded farm and labor organizations from the Act's operation, and judicially created exclusions were established, such as the state action exemption and the learned profession exemption. Today antitrust exemptions are numerous6 and involve a considerable portion of the economy.
Antitrust Law-Bar Associations' Minimum Fee Schedules Held Not to Violate the Sherman Antitrust Act,
U. Rich. L. Rev.
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