Antitrust laws in the USA, what are they and why?

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As far as I understand, antitrust laws prevent a monopoly. What I don’t understand is why is there a law against this? If your product is successful enough that everyone wants it/needs it, why is that a bad thing?

I searched for an answer to this, but the questions are more specific. In this question, since I don’t know about the concept, I’d like to know why such law is a thing.

In: Economics

5 Answers

Anonymous 0 Comments

Questions about the US are generally better in r/askanamerican.

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