United States Antitrust Law
The United States Antitrust laws were put in place by federal and state governments to regulate corporations. They keep companies from becoming too large and fixing prices, and also encourage competition so that consumers can receive quality products at reasonable prices. These laws give businesses an equal opportunity to compete for market share. Preventing monopolies ensures that consumer demand is met in a fair and balanced way. There are four sections that the laws focus on including agreements between competitors, contracts between buyers and sellers, mergers and monopolies.
Read more about United States Antitrust Law: Prohibited Anti-competitive Behavior, Consumer Protection, Rationale, Enforcement, Criticism, History of Anti-trust, Exemptions To Antitrust Laws
Famous quotes containing the words united states, united, states and/or law:
“What makes the United States government, on the whole, more tolerableI mean for us lucky white menis the fact that there is so much less of government with us.... But in Canada you are reminded of the government every day. It parades itself before you. It is not content to be the servant, but will be the master; and every day it goes out to the Plains of Abraham or to the Champs de Mars and exhibits itself and toots.”
—Henry David Thoreau (18171862)
“What the United States does best is to understand itself. What it does worst is understand others.”
—Carlos Fuentes (b. 1928)
“It may be said that the elegant Swanns simplicity was but another, more refined form of vanity and that, like other Israelites, my parents old friend could present, one by one, the succession of states through which had passed his race, from the most naive snobbishness to the worst coarseness to the finest politeness.”
—Marcel Proust (18711922)
“They are the lovers of law and order who observe the law when the government breaks it.”
—Henry David Thoreau (18171862)