Antitrust (Competition)

Antitrust (or competition) laws are rules that prevent companies from unfairly dominating markets. They promote healthy competition by stopping monopolies, price-fixing, or other practices that can harm consumers or stifle innovation. These laws help ensure a level playing field, encouraging businesses to compete fairly, which typically leads to better products, lower prices, and more choices for consumers. In essence, antitrust laws protect the economic environment to maintain a vibrant, competitive marketplace beneficial to society.