Consent Decree in Antitrust

A Consent Decree in antitrust refers to a legal agreement between a company and government regulators to resolve an investigation into potentially unfair business practices, such as monopolistic behavior or price-fixing. Instead of going to court, the company agrees to modify its practices or uphold certain restrictions voluntarily. This agreement is legally binding, aims to restore fair competition, and often includes ongoing oversight to ensure compliance. It allows regulators to address issues efficiently without lengthy litigation while still protecting market competition.