Antitrust

Antitrust refers to a set of laws and regulations designed to promote competition and prevent monopolies or unfair business practices that restrict trade and harm consumers. These laws aim to protect consumers from anti-competitive behavior, including price-fixing, market allocation, and monopolistic practices, by ensuring that businesses operate in a fair and competitive environment. Antitrust enforcement is typically carried out by government agencies, which investigate mergers, acquisitions, and business practices that may lead to a reduction in market competition. The ultimate goal of antitrust laws is to foster economic fairness, protect consumer interests, and encourage innovation through healthy competition among businesses.