Market Competition Regulation

Market competition regulation refers to the rules and laws that governments and regulatory bodies put in place to ensure fair competition among businesses. Its main goals are to prevent monopolies, promote consumer choice, and ensure that no single company can dominate a market unfairly. These regulations help maintain a level playing field, encouraging innovation and protecting consumers from unfair practices, such as price-fixing or misleading advertising. By overseeing how companies interact, regulators aim to create a healthy economic environment where businesses can compete fairly, benefiting both the economy and consumers.