AntiTrust Regulations

[SilverLance]

In US, I have heard there are Antitrust regulation laws that promote fair competition in markets, preventing monopolies and anti-competitive practices. They maintain balanced business environment and protect consumers from price-fixing and other manipulative practices.
I expect other countries have them too in their own capacity. But do you think these laws are followed strictly ?

 

[Min George]

My country doesn't have Anti Trust regulation of any kind. The government even creates monopolies for their cronies to get rich.

 

[Augusta]

These laws aim to prevent monopolies, price-fixing, and other practices that can harm consumers and stifle innovation.

 

[SilverLance]

Having laws is one thing, but without proper enforcement or transparency, they don’t do much, especially where corruption or favoritism exists.

 

[Suba]

Antitrust regulation aims to prevent imperfect competition, such as monopolies and oligopolies, but in practice in the business world, businesses often carry out efforts that approach monopolies, such as cartels and acquisitions of similar companies, to reduce the level of competition.

 

[Starmix]

These laws are followed strictly by big businesses, but for small businesses, they don't bother about it. It's also essential to have a law like this for protection.

 

[SilverLance]

These antitrust laws are really important for keeping markets fair and protecting consumers.

 

[gwolf666]

But monopolies are not to blame for other people not deciding to do the same business as them or not having the resources, I don't see the point, it's limiting the profits of a vicious person for earning more than the rest when he deserves it.