What is the purpose of anti-trust law?

The purpose of anti-trust law is to maintain a competitive marketplace and make sure that one business, or a group of businesses, do not gain an unfair monopoly on certain goods or services. In Hawaii, anti-trust laws are in place to protect consumers from businesses who use their market power to control prices, reduce competition, and fix prices at an unfair level. Anti-trust laws also protect businesses from other companies who try to gain an unfair advantage in the market by driving out the competition. By prohibiting these kinds of practices, anti-trust laws ensure that businesses are able to offer consumers a fair choice in goods and services. Anti-trust laws also promote competition among businesses by ensuring that businesses are able to enter and exit the market freely, allowing them to take advantage of new opportunities and new technologies, which ultimately benefits consumers. Companies are able to offer better products and services and consumers benefit from lower prices. In Hawaii, anti-trust law is enforced by the Federal Trade Commission (FTC) and is designed to protect the public from anti-competitive behavior. By protecting the public from unfair business practices, anti-trust law helps to ensure that businesses remain competitive and honest in their dealings with consumers.

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What is the purpose of anti-trust law?

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