Antitrust laws ban everyone, as well as any group of companies, from forming an monopoly. This results in highly competitive business strategies, as well as expensive products they own. These companies do it through mergers or collusions. It can be as simple as anticipating which one will be the winner prior to the time. Consumers are at risk when there is no competition that is healthy. They pay whatever price is offered and don’t have alternatives.
If you were to ask an antitrust lawyer what kinds of protections are already in places, the attorney would tell you about the Sherman Antitrust Act, the Federal Trade Commission Act, as well as the Clayton Antitrust Act. These laws prevent companies from forming monopolies by issuing large fines, up to imprisonment time.
Opinions on whether such acts will benefit society vary among people from some saying they’re completely unnecessary to be the best option the government has achieved in the fight against Monopolies. o8ga1i5jab.