3.9k views
4 votes
What term describes laws aimed at promoting competition among​ firms?

User Guard
by
7.3k points

1 Answer

4 votes
Antitrust laws are rules developed by governments in order to ensure a fair competition exists between producers and to maintain the opening of the market. These laws typically guard against monopolies (a powerful firm having a large portion of the market) and disruptions within the market.
User Mjsey
by
7.4k points