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Anti-trust laws, is one such topic that is extensively covered in the academic disciplines such as business management, law and economics. It is a broad concept and it can be a case that you may face a lot of troubles while comprehending its aspects. If you are badly stuck with the homework questions on this topic then you must get Anti Trust Laws Homework Answers from professional experts.
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What is the concept of anti-trust laws?
Antitrust laws are basically the set of rules that helps in regulating anti-competitive practices. It is seen that many businesses are engaged in the practices of unfair competition which are not good for the welfare of customers. During such time the anti-trust laws come into action as these prevent the businesses from being a threat to competition.
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Why antitrust laws are needed?
Many times, it is seen that businesses which have power get engaged in practices like monopoly, cartels, collaboration with other entities etc so that they can dominate the market. If market share is just in the hands of few firms then it is not good for the customers. Such entities get the power of restricting quantities and exaggerating the prices. In the end consumer is the one who suffers because he gets less quantity and has to pay higher prices.
For the benefit of economy as a whole such anti-competitive practices are to be regulated and that’s when antitrust laws come into picture. These laws create penalties if organizations are found engaged in such malpractices. Without these laws the interests of the consumers cannot be taken care of and that is why implementation of such laws is absolutely necessary.
Thus, if the companies are found involved in the activities like price fixation, quantity restriction, bid rigging, monopoly formation etc. then antitrust laws are enforced so that malpractices can be eliminated. Once you will get Anti Trust Laws Assignment Answers from experts then you will face no issues while comprehending the topic.
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