Is antitrust law the same in all countries?

No, antitrust law is not the same in all countries. Each country has its own unique laws that protect the interests of its citizens from unfair business practices. In the United States, antitrust law is mainly enforced by the Federal Trade Commission (FTC) and Department of Justice (DOJ). In California, antitrust law is codified in the Cartwright Act. Specifically, this law prohibits businesses from conspiring to fix prices, limit production, or divide markets in order to protect their own interests at the expense of consumers. The law also has provisions that prohibit companies from conspiring to monopolize a market or engaging in other unfair trade practices. In addition to the federal laws, each state in the U.S. has its own body of antitrust law. For instance, California’s antitrust law is more stringent than other states when it comes to certain practices such as price-fixing, tying products together, and dividing markets and customers. Ultimately, antitrust law plays an important role in protecting consumers from unfair business practices and maintaining a fair and competitive marketplace. While the general principles of antitrust law may be the same in different countries, the specific regulations and enforcement measures can vary significantly.

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Is antitrust law the same in all countries?

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