• Answer:-

    Antitrust law, simply put, is like the referee in a game of fair competition. It's designed to prevent businesses from monopolizing markets or engaging in practices that stifle competition. Think of it as the rulebook that ensures everyone plays by the same fair rules. It prohibits things like price-fixing, bid-rigging, and other shady tactics that harm consumers or smaller businesses. Antitrust laws are all about promoting healthy competition, which ultimately benefits consumers by offering more choices, better prices, and encouraging innovation. So, in a nutshell, antitrust law is there to keep the marketplace fair and open for everyone.

Feb 21 2024

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