What role do other stakeholders play in antitrust investigations?
In Washington, several stakeholders play an important role in antitrust investigations. The federal government is usually the main entity in charge of enforcing antitrust law. It is responsible for investigating potential violations and bringing legal action against companies who break the law. The state governments also have a role to play, as they are responsible for enacting their own antitrust laws and for enforcing them in their respective states. In addition, individual consumers are also key stakeholders in antitrust investigations. They have the power to file complaints with the Federal Trade Commission (FTC) and the Department of Justice (DOJ) if they believe that a company is engaging in anticompetitive practices. This could include price gouging, monopoly formation, or other activities that restrict competition in the market. Finally, private organizations, like non-profits or advocacy groups, are also important stakeholders in antitrust investigations. These organizations can help to bring forth potential violations and can also provide research and testimony to support the legal action that is being taken. They can also assist in educating the public and promoting policies that promote fair competition and competition-based markets.
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