ILCS » Chapter 740 · Act 10
Illinois Compiled Statutes

740 ILCS 10/2 (2026)

The purpose of this Act is to promote the unhampered growth of commerce and industry throughout the State by prohibiting restraints of trade which are secured through monopolistic or oligarchic practices and which act or tend to act to decrease competition between and among persons engaged in commerce and trade, whether in manufacturing, distribution, financing, and service industries or in related for-profit pursuits

✓ current as of May 2026
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(740 ILCS 10/2) (from Ch. 38, par. 60-2)
    Sec. 2. The purpose of this Act is to promote the unhampered growth of commerce and industry throughout the State by prohibiting restraints of trade which are secured through monopolistic or oligarchic practices and which act or tend to act to decrease competition between and among persons engaged in commerce and trade, whether in manufacturing, distribution, financing, and service industries or in related for-profit pursuits.
(Source: Laws 1965, p. 1943.)

    
Notes of Decisions
Cited in 6 cases (1 in the last 5 years), 1998–2024 · leading case: Bishop v. We Care Hair Dev. Corp., 738 N.E.2d 610 (Ill. App. Ct. 2000).
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Bishop v. We Care Hair Dev. Corp., 738 N.E.2d 610 (Ill. App. Ct. 2000). “(West 1996)) in the promotion and marketing of the franchises; and that defendants violated the Illinois antitrust statute (740 ILCS 10/2, 3 (West 1996)) by engaging in illegal price fixing.”
Alarm Detection Sys., Inc. v. Vill. of Hinsdale, 761 N.E.2d 782 (Ill. App. Ct. 2001). “740 ILCS 10/2 (West 1998). The Antitrust Act prohibits any person from entering into contracts with one or more persons that unreasonably restrain trade or commerce.”
State ex rel. Raoul v. Elite Staffing, Inc., 2024 IL 128763 (Ill. 2024). “The Statutes at Issue ¶ 18 We must interpret five sections of the Illinois Antitrust Act: sections 2, 3, 4, 5, and 11 (740 ILCS 10/2, 3, 4, 5, 11 (West 2018)). Section 2 states that the legislature adopted the act “to promote the unhampered growth of commerce and industry…”
Int'l Test & Balance, Inc. v. Associated Air & Balance Council, 14 F. Supp. 2d 1033 (N.D. Ill. 1998). “1997) (citing 740 ILCS 10/2). Although this appears to be a crucial, and perhaps dispositive issue, “ ‘it is not the role of [the] court to research and construct the legal arguments open to parties, especially when they are represented by counsel.”
Alarm Detection Sys., Inc. v. Vill. of Hinsdale (Ill. App. Ct. 2001). “740 ILCS 10/2 (West 1998). The Antitrust Act prohibits any person from entering into contracts with one or more persons that unreasonably restrain trade or commerce.”
Bishop v. We Care Hair Dev. Corp. (Ill. App. Ct. 2000). “(West 1996)) in the promotion and marketing of the franchises; and that defendants violated the Illinois anti-trust statute (740 ILCS 10/2, 3 (West 1996)) by engaging in illegal price fixing.”
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