Information
Organization's Own Description:
The mission of the Antitrust Division is to promote economic competition through enforcing and providing guidance on antitrust laws and principles.
The goal of the antitrust laws is to protect economic freedom and opportunity by promoting free and fair competition in the marketplace.
Competition in a free market benefits American consumers through lower prices, better quality and greater choice. Competition provides businesses the opportunity to compete on price and quality, in an open market and on a level playing field, unhampered by anticompetitive restraints. Competition also tests and hardens American companies at home, the better to succeed abroad.
Federal antitrust laws apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution, and marketing. They prohibit a variety of practices that restrain trade, such as price-fixing conspiracies, corporate mergers likely to reduce the competitive vigor of particular markets, and predatory acts designed to achieve or maintain monopoly power.
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