Antitrust laws exist to prevent individual corporations from assuming too much market power such that they can limit their output and raise prices without concern for how their competitors might react.

Question

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Antitrust laws, also known as competition laws, are designed to promote fair competition in the marketplace and prevent monopolies or oligopolies from controlling the market and limiting competition. This is achieved by regulating mergers and acquisitions, prohibiting anticompetitive behavior such as price fixing and market allocation, and enforcing remedies if an individual corporation is found to have violated the antitrust laws.

Antitrust Laws Exist to Prevent Individual Corporations from Assuming Too