What is an antitrust settlement?

An antitrust settlement is an agreement between one or more parties who have allegedly violated antitrust laws and the government entity that enforces those laws. In Florida, antitrust settlements often involve the payment of a monetary sum to the government entity as compensation for the alleged harm caused. Additionally, antitrust settlements may include a requirement that the defendant party(ies) refrain from engaging in certain activities, such as price fixing or using other tactics to prevent competition in the marketplace. In some cases, the antitrust settlement may involve changes to the existing business practices, such as requiring companies to offer certain services at a lower price or make it easier for consumers to compare prices. Antitrust settlements can also require companies to accept additional oversight or regulation from the government. Ultimately, the purpose of an antitrust settlement is to prevent the same type of behavior from occurring in the future and restore competition in the market.

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