What is the role of government agencies in antitrust enforcement?

The role of government agencies in antitrust enforcement is to prevent businesses from engaging in unfair business practices that often limit competition and lead to higher prices for consumers. In Mississippi, both the Department of Justice and the Federal Trade Commission are responsible for enforcing federal antitrust laws. The Department of Justice is the federal agency responsible for enforcing the Sherman Antitrust Act, which prohibits companies from engaging in anti-competitive practices, such as price-fixing, bid-rigging, and market division. It also enforces the Clayton Act, which prohibits certain types of mergers and acquisitions. The Federal Trade Commission is responsible for enforcing both federal and state antitrust laws. It investigates complaints from consumers and businesses regarding anti-competitive practices and unfair methods of competition. It also investigates complaints related to deceptive or false advertising, and it has the power to issue orders and take legal action against companies that violate antitrust laws. Both the Department of Justice and Federal Trade Commission work together to ensure that businesses play by the rules and do not engage in unfair business practices. They investigate complaints and conduct investigations into potential violations, and they also take legal action when necessary. In some cases, they even provide resources and advice to help businesses comply with antitrust laws.

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What is the role of government agencies in antitrust enforcement?

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