Question

In two to three sentences,describe how antitrust laws encourage competition

Answer 1

A monopoly is a company or business that dominates a particular market to such an extent that there is no viable competition to that company; Antitrust laws prevent monopolies by breaking up or limiting monopolies' size, allowing other companies to enter a market.

Antitrust laws are needed because if a monopoly does not have any other serious competition in a market, they have greater liberty when it comes to prices and quality.

Step-by-step explanation:

Reworded the other person's work as to better explain it.

Answer 2

Antitrust laws prevent monopolies.
A monopoly is a company or businesses that dominates a particular market to such an extent that there is no viable competition to that company.
A monopoly does not have any other serious competition in a market, the monopoly is greater liberty to charge higher prices and offer lower quality prices.
Antitrust laws break up or limit the size of monopolies, allowing other companies to enter a market.