How do antitrust laws work?

Antitrust laws regulate the concentration of economic power to prevent companies from price colluding or creating monopolies. Proponents of antitrust laws argue that they keep consumer prices lower and foster innovation through increased competition. Critics say antitrust regulations intervene in the free market and reduce efficiency.

What are the three types of antitrust laws?

Core U.S. antitrust law was created by three pieces of legislation: the Sherman Anti-Trust Act of 1890, the Federal Trade Commission Act, and the Clayton Antitrust Act. What Are Antitrust Laws? Antitrust laws also referred to as competition laws, are statutes developed by the U.S. government to protect consumers from predatory business practices.

How do antitrust laws protect consumers from predatory business practices?

Through both civil and criminal enforcement, antitrust laws seek to stop price and bid rigging, monopolization, and anti-competitive mergers and acquisitions. Learn about antitrust or competition laws. These statutes protect consumers from predatory business practices by ensuring fair competition exists.