antitrust policy
Antitrust policy refers to laws and regulations designed to promote fair competition and prevent monopolies in the marketplace. Its purpose is to protect consumers and ensure a diverse range of products and services by preventing a single company from dominating an industry. Antitrust authorities assess business practices, mergers, and acquisitions to ensure they do not harm competition or lead to unfair practices. By fostering healthy competition, antitrust policy aims to encourage innovation, lower prices, and improve quality for consumers while supporting a balanced economy.
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Antitrust policy refers to legal regulations designed to promote competition and prevent monopolies in the marketplace. The goal is to ensure that no single company has too much power over an industry, which can lead to higher prices, less innovation, and fewer choices for consumers. Governments enforce these laws to prevent unfair practices like price-fixing, mergers that reduce competition, and other behaviors that harm the competitive landscape. By fostering a healthy market, antitrust policy aims to protect consumers and maintain fair business practices.