your assumptions on the outcomes and drawbacks of antitrust laws based upon the suggested case studies and other web resources

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Antitrust Laws

Antitrust laws are laws that are meant to promote competition in business environment by preventing the development of monopolies . There are many cases related to the law that have emerged since the law was enacted in the late 19th century . Many of these cases have suggests that the antitrust laws do not promote competition but limit it by creating monopolies . This has resulted into a push for the abolishment of the laws . However , antitrust laws have various outcomes in the business

br arena (Smith ,

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One of the most important expected outcomes of antitrust laws is to protect competition in the market . This is because on the assumption that a free and unregulated market will most likely lead to development of a coercive monopoly . Consequently , this is likely to lead to competitors being kinked out of the market and subsequent exploitation of the consumers . However , this assumption has been criticized based on the argument that a free economy does not necessary lead to a coercive monopoly . There are other major factors that lead to establishment of such monopolies in the market which includes government interference with the market . Any monopoly in the economy without protection from the government is vulnerable (Younkins ,

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Another alleged outcome of the antitrust laws is price control Companies in a free market can change their prices to attract and retain customers . Companies in the same market can also cooperate in price fixing . However , this can only apply...