American Antitrust Law

American antitrust law aims to promote competition and prevent monopolies or unfair business practices that can harm consumers and the economy. It prohibits actions like price-fixing, market division, or abusing dominant market positions that reduce competition. These laws, primarily enforced by the Federal Trade Commission and Department of Justice, encourage fair business practices, innovation, and choice for consumers. By maintaining a competitive marketplace, antitrust law helps ensure businesses compete on quality and price rather than through illegal schemes or excessive market control.