What is the purpose of anti-trust law?
Anti-trust law is a set of regulations that govern how businesses interact with each other. They are designed to protect consumers. The purpose of anti-trust law is to promote competition by preventing restraints on trade and the formation of monopolies. In North Carolina, anti-trust law prevents businesses from forming cartels and other agreements that would restrict competition in the marketplace. It also prevents businesses from taking advantage of weaker competitors to gain a larger share of the market. The aim of anti-trust law is to encourage competition to ensure fair pricing and quality of products and services. It also helps to protect consumers from businesses taking advantage of their monopoly power by providing fair prices and quality products. Anti-trust law also helps to protect businesses from other businesses that could potentially harm them through unfair competition. For example, it protects businesses from large companies who try to drive smaller, local competitors out of business. Anti-trust law helps to ensure that businesses remain honest and that competition remains fair and free.
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