Antitrust
What is Antitrust?
Antitrust in More Detail
Antitrust laws aim to ensure fair competition between businesses and protect consumers from unfair, anti‑competitive practices by large corporations. These laws encourage companies to compete on price, quality, and innovation rather than using tactics that limit competition.
Antitrust typically prohibits agreements between competitors that could raise consumer prices, such as price‑fixing, output limits, or market division. It also bars practices that restrict competition, including monopolization and predatory pricing.
In the United States, both the federal government and individual states have their own antitrust statutes. Enforcement is primarily handled by the Federal Trade Commission (FTC) and the Department of Justice (DOJ), which investigate violations, pursue civil penalties, and bring criminal cases when necessary.