The United States (US) has a very strong regime of IP Law linked
with that of Competition Law or Antitrust Law. The US law grants
the IP holder to use, offer, and sell the invention within the US
and also import the same. Since the economy of the US is primarily
based upon the industries which deal with IP, hence, the US
generally is more tilted towards providing more room to those who
work for innovation and promotion. The first Antitrust Law was
passed in 1890 and two more followed in the year 1914. The primary
aim was to prevent companies from getting too big and more
importantly, allowing smaller firms to enter the market. Two
agencies work for antitrust enforcement and focus on concerted
action, exclusionary unilateral action, and merger review. These
are the Department of Justice (hereinafter, DOJ) and Federal Trade
Commission (hereinafter, FTC) and the three core antitrust law
being the Sherman Act, the Clayton Act, and the FTC Act, which is
solely enforced by