
Competition and Antitrust Law
Competition and antitrust law are regulations designed to promote fair business practices and protect consumers. They prevent companies from engaging in harmful activities like monopolies, price-fixing, or unfair mergers that could reduce choice or inflate prices. The goal is to ensure a level playing field where businesses can compete honestly, encouraging innovation and efficiency. These laws are enforced by government agencies to maintain a healthy economic environment, fostering competition that benefits consumers through better products, services, and prices.