What does antitrust law prohibit?

Antitrust law in Mississippi prohibits any agreement, conspiracy, or practice that unreasonably restrains trade and competition. This includes agreements between competitors to fix prices, eliminate competition, divide markets, or rig bids. Antitrust law also prohibits monopolies since they reduce, or eliminate, competition and result in higher prices for consumers. Monopoly power can be obtained through mergers and acquisitions, or the use of unfair business tactics such as predatory pricing. Antitrust law in Mississippi also prohibits unfair methods of competition which encompass a range of activities from price discrimination to tying arrangements which force a customer to buy one product in order to be able to buy another. These activities can lead to higher prices, reduced choice, and decreased innovation for consumers. Antitrust law in Mississippi also makes it illegal to engage in deceptive practices that could lead to a market failure or manipulate the market in favor of one particular company. Lastly, antitrust law in Mississippi prohibits any conduct that might limit access to markets, impeding competition. These activities include price fixing, collusive bidding, and exclusive marketing agreements.

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What does antitrust law prohibit?

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