Image for anti-trust laws

anti-trust laws

Antitrust laws are regulations designed to promote fair competition and prevent monopolies or actions that unfairly reduce competition in the marketplace. They aim to ensure consumers have access to a variety of products and services at competitive prices. These laws prohibit practices like price-fixing, monopolistic mergers, and other behaviors that could hurt consumers or other businesses. Essentially, antitrust laws maintain a level playing field so that no single company can dominate a market unfairly, encouraging innovation, efficiency, and consumer choice.