According to Sherman Act:
A) Liability under Section I for restraint of trade requires agreement with another party, but liability under Section 2 for monopolization does not.
A Section 1 violation has three elements:
(1) an agreement;
(2) which unreasonably restrains competition; and
(3) which affects interstate commerce.
A Section 2 monopolization violation has two elements:
(1) the possession of monopoly power in the relevant market; and
(2) the willful acquisition or maintenance of that power as distinguished from growth or development as a consequence of a superior product, business acumen, or historic accident.
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