antitrust exemptions

Antitrust exemptions are legal allowances that permit certain businesses or groups to engage in practices that would typically violate antitrust laws, which are designed to promote competition and prevent monopolies. These exemptions are often granted to industries deemed essential for public welfare, such as agriculture or labor unions, allowing them to collaborate or set prices without facing legal challenges. This can help stabilize these markets or address unique economic conditions, but it may also lead to reduced competition and higher costs for consumers if not carefully regulated.