Antitrust laws in the U.S. cover a range of anticompetitive practices, including price-fixing and market allocation. These laws aim to maintain fair competition and prevent practices that hinder market competitiveness.
Antitrust laws in the U.S. encompass a broad spectrum of anticompetitive practices, beyond just blocking mergers that reduce competition. For instance, firms are prohibited from engaging in activities like price-fixing, bid-rigging, or market allocation, which go against fair market competition.
Restrictive practices that indirectly harm competition are also scrutinized under antitrust laws. While not all practices involve direct agreements to raise prices, any behavior that hampers competition is subject to evaluation by regulatory bodies.
The enforcement of antitrust laws, rooted in acts like the Sherman Antitrust Act of 1890, aims to uphold competitive markets by preventing anti-competitive behaviors and ensuring fair competition for businesses and consumers alike.
https://brainly.com/question/971420