Antitrust laws prevent anticompetitive behavior from "summary" of Economic Analysis of Law by Richard A. Posner
Antitrust laws are designed to maintain competition in the economy by preventing harmful practices that obstruct the competitive process. These laws aim to protect consumers from monopolies, collusion, and other anticompetitive behaviors that could harm their interests. By promoting competition, antitrust laws encourage innovation, efficiency, and lower prices for goods and services. Antitrust laws prohibit a variety of practices that could stifle competition in the marketplace. For example, they outlaw agreements among competitors to fix prices, allocate markets, or rig bids. These practices can lead to higher prices ...
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