Bundeskartellamt (Germany)

The Bundeskartellamt is Germany's Federal Cartel Office, responsible for promoting fair competition in the marketplace. It monitors and regulates business practices to prevent monopolies and anti-competitive behavior, ensuring that companies compete fairly and consumers benefit from a variety of choices and fair prices. The agency investigates mergers, reviews practices that may harm competition, and takes action against companies that violate antitrust laws. By maintaining a competitive market environment, the Bundeskartellamt helps to foster innovation and economic growth in Germany.