antitrust enforcement agencies

Antitrust enforcement agencies, such as the U.S. Federal Trade Commission (FTC) and the Department of Justice (DOJ), are government bodies responsible for promoting fair competition in the marketplace. They monitor business practices to prevent monopolies and anti-competitive behavior, which can harm consumers by limiting choices, raising prices, or stifling innovation. These agencies investigate mergers, price-fixing, and other practices that could unfairly dominate the market. By enforcing antitrust laws, they aim to ensure a level playing field where businesses can compete fairly, ultimately benefiting consumers and the economy.