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olchik [2.2K]
3 years ago
11

In two or three sentences, describe how antitrust laws encourages competition

Business
1 answer:
andreyandreev [35.5K]3 years ago
4 0
Antitrust laws prevent monopolies. 
<span>A monopoly is a company or business that dominates a particular market to such an extent that there is no viable competition to that company. </span>
<span>Since a monopoly does not have any other serious competition in a market, the monopoly is at greater liberty to charge higher prices and offer lower-quality prices. </span>
<span>Antitrust laws break up or limit the size of monopolies, allowing other companies to enter a market.</span>
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