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Sagot :
Antitrust laws are one instance of a policymaking response to a monopoly.
Simply put, what is antitrust law?
The antitrust laws generally forbid mergers and commercial practices that are illegal, leaving it up to the courts to determine which ones are on the basis of the specific details of each case. Throughout history, from the era of horse-drawn carriages to the modern digital era, courts have applied antitrust rules to evolving marketplaces.
What are prohibited by antitrust laws?
It outlaws any agreements or plots that restrict trade or commerce. Price fixing, trade allocation, general strikes, bid rigging, and tying agreements are examples of these forbidden constraints. The Sherman Act forbids monopolization in any sector of the economy as well as attempts to do so.
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