anti-monopoly
Anti-monopoly refers to laws and regulations designed to prevent monopolies, which are situations where a single company or entity dominates a market. This dominance can lead to unfair practices, such as setting high prices or limiting choices for consumers. Anti-monopoly efforts aim to promote competition, ensuring that multiple businesses can operate and thrive in the marketplace.
Governments often enforce anti-monopoly laws through agencies like the Federal Trade Commission (FTC) in the United States. These laws can lead to investigations, fines, or even the breakup of companies that engage in anti-competitive behavior, fostering a healthier economy for consumers and businesses alike.