Antitrust Practices and Market Power

Antitrust Practices and Market Power

Answer # 1

Antitrust practices are especially designed for restricting unfair practices of business and for promoting marketplace's competition. Under these laws, there are numerous practices that are illegal. Such comprises price fixing, bid rigging, geographic allocation of market, and illegal monopoly. Stiff fines are needed to pay and also executives of company could send to jail if they do violations against the antitrust laws. In the previous times, firms were investigated for antitrust practices due to the reason that they found antitrust behaviors as an entity of regulating majestic policies of big ...