Anti-trustlaws

Anti-trust laws, also known as antimonopoly laws or competition laws, are designed to prevent businesses from abusing their market power to restrict competition, protect consumers and promote fair competition. These laws prohibit practices such as price fixing, market allocation, exclusive dealing, conspiracy and other means of unduly influencing the market. Businesses that violate anti-trust laws may face severe penalties, including fines and imprisonment for individuals. Anti-trust laws are essential for maintaining a healthy market economy, promoting innovation and protecting consumer interests.