antitrust consent decrees

Antitrust consent decrees are legal agreements between businesses and government regulators to resolve antitrust concerns, avoiding lengthy court battles. When a company is accused of anti-competitive behavior, such as monopolizing a market or unfair practices, it can agree to a consent decree that outlines specific actions it will take to promote fair competition. This may include changing business practices, divesting assets, or providing transparency. By entering into a consent decree, companies can quickly address issues while regulators ensure compliance and protect consumer interests.