What is the role of competition policy in antitrust law?

Competition policy is an integral part of antitrust law, and plays a major role in regulating businesses in California. It is in place to ensure fair competition between businesses in the marketplace. This helps to prevent companies from using their market power to gain an unfair advantage over their competitors. Competition policy also helps to prevent price fixing, which is when companies conspire to set the prices of their products or services. Price fixing reduces competition and encourages businesses to take advantage of consumers. It reduces consumer choice and can result in higher prices for goods or services. Competition policy also encourages businesses to compete on a level playing field. This helps to ensure that businesses don’t use commercial practices that are unfair or deceptive. It also prevents businesses from engaging in anti-competitive behavior, such as exclusive contracts or tying arrangements that limit consumer choice. In addition, competition policy enables the government to intervene if it believes a particular company is engaging in illegal anticompetitive behavior. Competition policy is designed to protect consumers from unfair practices and help to create a more open and competitive marketplace. This is beneficial for consumers, as it encourages businesses to offer better products and services at competitive prices.

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What is the role of competition policy in antitrust law?

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