Antitrust Laws: Promoting Competition and Free Markets
Critically important but commonly misunderstood, antitrust laws are meant to promote competition and protect consumers. Here’s everything you need to know.
America's antitrust laws promote competition and benefit consumers.
Antitrust laws ensure competition in a free and open market economy, which is the foundation of any vibrant economy. And healthy competition among sellers in an open marketplace gives consumers the benefits of lower prices, higher quality products and services, more choices, and greater innovation.
The core of U.S. antitrust law was created by three pieces of legislation: the Sherman Antitrust Act, the Federal Trade Commission Act, and the Clayton Antitrust Act. These laws have evolved along with the market, vigilantly guarding against anti-competitive harm that arises from abuse of dominance, bid rigging, price fixing, and customer allocation.
U.S. legislative proposals could undermine U.S. economic and security interests and strengthen foreign rivals without any apparent benefit to U.S. consumers.
America's Antitrust Laws: Explained in 60 Seconds
Antitrust laws ensure competition thrives, providing consumers with lower prices and higher-quality products and services. However, some seek to rewrite these laws and undermine consumer power in the marketplace. Before Congress starts making unnecessary and harmful changes, it’s important to set a few things straight.
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With economic uncertainty and international competition, now is not the time for political interference from states that would jeopardize American free enterprise.
The year ahead is shaping up to be eventful—complete with new faces, major court decisions, and lots of regulations—in the competition and consumer protection space.
This timeline shows the ways in which Chairwoman Khan has moved to silence dissent at the FTC and consolidated power in ways that call into question the independence of the agency.
The Department of Transportation Joins the Administration’s Effort to Stifle Merger Activity
Explaining new competition-related regulatory guidance from Office of Information and Regulatory Affairs (OIRA).
Challenging Regulatory Initiatives: The Unseen Benefits of M&A in the Alcohol Industry
By failing to pursue settlements to remedy alleged anticompetitive behavior the FTC and DOJ are costing taxpayers millions and raising questions about bias.
The FTC and DOJ's changes to the merger process will hurt American businesses.