Posted: February 17th, 2022
Setting and Enforcing Antitrust Policies
One of the antitrust authorities’ main roles is that it helps establish the antitrust policies/laws and makes follow-up for its optimal compliance. Some of the illegal practices targeted by the antitrust laws include predatory acts meant to achieve and maintain a monopoly, conspiracies to price-fixing and corporate merges that are likely to reduce competition in specific target markets. The antitrust authorities ensure that business players are well aware of these policies and the likely implications for the organizations not adhering to them Kunsch & Glenn 2016). The statutes developed by the government to protect consumers from any form of predatory business practices and guarantee fair competition can be adhered to by the use of antitrust authorities.
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