A law that encourages market competition by prohibiting firms from gaining or exercising excessive market power is

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Antitrust law is designed to prevent monopolies and promote fair competition in the market. It prohibits firms from gaining too much market power through practices like price-fixing, mergers that lead to market domination, and exclusionary conduct. This helps to ensure that businesses compete on a level playing field and that consumers have a choice. A patent protects the rights of an inventor or company to exclusive use of an innovation for a period of time, but it does not aim to prevent market power. It is possible to enforce antitrust law through government agencies, such as the Federal Trade Commission and the Department of Justice.

A Law That Encourages Market Competition by Prohibiting Firms from Gaining