Antitrust Freedom Act of 2024

The Antitrust Freedom Act of 2024 would change how key antitrust laws apply by exempting voluntary agreements between individuals or small groups. Specifically, it prevents the Sherman Act, Clayton Act, and FTC Act from prohibiting or applying to voluntary economic cooperation, agreements, or associations entered into by individuals or groups of individuals. This directly affects everyday people or small collectives making informal business arrangements, not large corporations or formal business entities. The bill modifies the interpretation of existing laws to remove antitrust restrictions from these types of personal or small-scale collaborations.