The various antitrust laws are written in very specific terms.Thus,there is little or no question as to when a firm has run afoul of one or more of these laws.

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While the antitrust laws do provide specific guidelines, there is still some room for interpretation and debate about whether a firm's actions violate the laws. Additionally, new technologies and business practices can create grey areas and require courts to interpret how the laws apply.

The Various Antitrust Laws Are Written in Very Specific Terms