Antitrust law

Since competition usually drives prices down for consumers, governments try to ensure that no major industry suffers from a lack of it – via antitrust laws. This almost always involves rules that preclude explicit collusion between companies about setting prices, and sometimes involves governments blocking companies from merging with each other or buying one another – as it could reduce competition and result in customers being charged unfairly high prices. (Commonly called β€œcompetition law” outside of the US.)

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