antitrust conspiracy

An antitrust conspiracy occurs when businesses collaborate secretly to limit competition, manipulate prices, or control market conditions to their advantage. This can include actions like fixing prices, dividing markets, or rigging bids. Such agreements harm consumers by leading to higher prices, reduced choices, and stifled innovation. Antitrust laws exist to promote fair competition and prevent these harmful practices. When companies engage in these conspiracies, they can face significant legal consequences, including fines and sanctions, as regulators seek to protect market integrity and consumer interests.