The Parker Doctrine exempts many anticompetitive acts from the antitrust laws.

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The Parker Doctrine, also known as the state action doctrine, provides an exemption from antitrust laws for activities undertaken by states and their political subdivisions. This doctrine was established by the Supreme Court in the case of Parker v. Brown (1943) and has been interpreted in subsequent cases to cover a wide range of anticompetitive actions. Therefore, the Parker Doctrine does exempt many anticompetitive acts from the antitrust laws.

The Parker Doctrine Exempts Many Anticompetitive Acts from the Antitrust