How do antitrust laws affect public health and safety?

Antitrust laws protect consumers from monopolies and the unfair practices of large companies whose actions have the potential to harm public health and safety. Companies that use their market power to manipulate prices or create restrictive contracts can lead to fewer options, higher prices, and lower quality products and services. This can put public health and safety at risk because people have less access to the products and services they need. When companies are working together to restrict the production of a certain product, they can create a shortage of a product necessary for public health and safety. Similarly, when companies engage in price fixing, it can reduce access to public health services and products. Additionally, when companies use their market power to prevent competition, they are less likely to invest in research that would improve public health and safety. If innovation ceases, so does the potential to create better, safer products for the public. Antitrust laws are necessary to ensure that larger companies do not have total control over the market and are not able to manipulate prices and limit product choices, which could have a severe effect on public health and safety. Regularly enforced antitrust laws help maintain healthy market competition, which allows for more options and greater access to services and products that are essential for public health and safety.

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How do antitrust laws affect public health and safety?

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