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25 January, 07:06

In two to three sentences, describe how antitrust laws encourage competition

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  1. 25 January, 07:07
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    Antitrust laws prevent monopolies.

    A monopoly is a company or businesses that dominates a particular market to such an extent that there is no viable competition to that company.

    A monopoly does not have any other serious competition in a market, the monopoly is greater liberty to charge higher prices and offer lower quality prices.

    Antitrust laws break up or limit the size of monopolies, allowing other companies to enter a market.
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