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 protect 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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- Mar 09, 2022Industrial Concentration in the United States: 2002-2017
This whitepaper analyzes U.S. economic census data to empirically expose the faulty premise that underlies the Executive Order on Promoting Competition in the American Economy.
- Feb 23, 2022Proportionality and Due Process: Sensible Ways to Consider the FTC's Remedial Authority
This report outlines approaches Congress should take as it considers changes to the FTC’s monetary toolkit in order to protect consumers and preserve a healthy competitive landscape.
- Feb 16, 2022U.S. Antitrust Legislative Proposals: A Global Perspective
This report cautions against current U.S. legislative proposals that could undermine U.S. economic and security interests and strengthen foreign rivals without any apparent benefit to U.S. consumers and workers.
- Feb 15, 2022U.S. Chamber Report: Antitrust Legislation Threatens U.S. Competitiveness and National Security
Antitrust legislation would weaken U.S. technology companies’ ability to compete in the global marketplace and undermine our national security interests, according to a new report from the U.S Chamber of Commerce.
- Feb 15, 2022How Antitrust Legislation Threatens U.S. Competitiveness and National Security
New antitrust legislative proposals would specifically target leading American companies, while doing little to actually protect consumers.
- Feb 15, 2022Comments on Bank Merger Competitive Analysis
The Chamber submitted comments to the Department of Justice’s Antitrust Division as to whether and how to revise the 1995 Bank Merger Competitive Review Guidelines.
- Feb 03, 2022U.S. Chamber Letter on S. 2710, "Open App Markets Act"
This Hill letter was sent to the Members of the Senate Committee on the Judiciary, opposing S. 2710, the "Open App Markets Act."
- Jan 18, 2022Hill Letter on a Hearing Related to Competition and America's Food Supply
This Hill letter was sent to the Members of the House Committee on the Judiciary, on a hearing entitled, "Reviving Competition, Part 5: Addressing the Effects of Economic Concentration on America’s Food Supply."