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

Antitrust laws concern “unfair” competition, or other situations where the intended competition is distorted in some way.

Maybe one company has a monopoly in a certain industry or region. Maybe a company is using its market dominance to coerce trading partners into one-sided agreements. Maybe a company is coercing customers to buy additional products that are only compatible with with the product in which they have market dominance. Maybe multiple companies are agreeing to set prices higher and profit off of consumers instead of competing with one another. Maybe multiple companies are agreeing to divide up a region or set of consumers so that they are competing in a broader sense but can set higher prices or perform worse customer service without an immediate fear of losing the customer.

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