Under the federal Fair Labor Standards Act (FLSA) as well as Illinois law, employers must pay their non-exempt employees a rate of 1 Â½ times their normal rate of pay for all hours worked over 40 in a given workweek.
What is 'Antitrust'. Antitrust laws are the laws that apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution and marketing. They prohibit a variety of practices that restrain trade.
The Antitrust Laws. Congress passed the first antitrust law, the Sherman Act, in 1890 as a comprehensive charter of economic liberty aimed at preserving free and unfettered competition as the rule of trade.. In 1914, Congress passed two additional antitrust laws: the Federal Trade Commission Act, which created the FTC, and the Clayton Act.