What are antitrust laws for, when competition is normal with businesses?

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What are antitrust laws for, when competition is normal with businesses?

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Anonymous 0 Comments

As a business grows larger and more successful the infrastructure they build makes it increasingly harder for anyone else to enter their market space and have a chance at competing for any reasonable amount of market share.

If this goes on long enough you end up with a single business that controls the entire supply of a certain product. And that’s very bad for the consumer. Without any competitors left to buy from, the single remaining business who controls the supply can now demand whatever absurd price they want and you’re forced to pay it or go without the product.

Anti-trust laws attempt to prevent this by preventing any single company from controlling too much of the market share for a single commodity, thereby protecting competition.

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