antitrust compliance

Antitrust compliance refers to a set of laws designed to promote fair competition and prevent monopolies in the marketplace. Companies must avoid practices that unfairly limit competition, such as price-fixing, market division, and exclusive contracts. By following antitrust laws, businesses help ensure consumers have access to a variety of choices and fair prices. Compliance involves training employees, monitoring company practices, and sometimes consulting legal experts to avoid actions that could lead to investigations, fines, or lawsuits. Ultimately, it aims to create a level playing field where innovation and competition can thrive.