antitrust agencies

Antitrust agencies are government organizations that promote competition and prevent monopolies in the marketplace. Their main goal is to ensure that businesses compete fairly, which helps keep prices down and encourages innovation. These agencies review mergers and acquisitions to prevent any single company from dominating an industry and can take action against companies that engage in unfair practices, like price-fixing. By enforcing antitrust laws, these agencies protect consumers and ensure a healthy economy, where multiple businesses can thrive and offer choices to consumers.