By Linda Goudsmit —— Bio and Archives--June 17, 2018
United States antitrust laws regulate the organization and conduct of business corporations on state and national levels to provide fair competition for the benefit of consumers. Why are they necessary?
The Federal Trade Commission (FTC) has the answer.
"Free and open markets are the foundation of a vibrant economy. Aggressive competition among sellers in an open marketplace gives consumers - both individuals and businesses - the benefits of lower prices, higher quality products and services, more choices, and greater innovation. The FTC's competition mission is to enforce the rules of the competitive marketplace - the antitrust laws. These laws promote vigorous competition and protect consumers from anticompetitive mergers in business practices. The FTC's Bureau of Competition, working in tandem with the Bureau of Economics, enforces the antitrust laws for the benefit of consumers."
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