How do antitrust laws affect public health and safety?

Antitrust laws can have a large influence on public health and safety. This is because these laws prevent businesses from forming monopolies, which can have a direct effect on the quality of services and products that are available to the public. For example, if only one company were able to provide a life-saving medication, they could raise their prices to levels that are unaffordable for many people, reducing access to the medication and decreasing public health. By having antitrust laws in place, competition among multiple companies is ensured, which keeps prices lower and helps increase access to important products and services. Another way that antitrust laws protect public health and safety is by preventing companies from abusing their market power. If a company has become dominant in a specific market, they may be tempted to use their power to pressure smaller competitors, which could reduce the overall quality of goods and services available to the public. Furthermore, this could lead to a single company controlling a large portion of the marketplace, leading to less choice and higher prices. Through antitrust laws, Texas can help protect the public from these potentially harmful effects.

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How do antitrust laws affect public health and safety?

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