What You Need to Know About Anti-trust Laws
Anti-trust law is a group of laws created for the sole purpose of regulating business practices. This is to make sure that there is free and fair competition in the market economy to benefit every player and consumer. An agribusiness anti-trust law is also a competition law that governs the operation of the business while protecting the clients from predatory and unfair trade practices. The statutes seek to offer equal playing levels to the same businesses running in the same field while preventing the companies from getting too much power and dominating others in the marketplace.
Reasons for having an agribusiness anti-trust law in place
The competition law is based on:
● Protect consumers
The monopoly of one company can potentially result in the exploitation of consumers. That's ...