Antitrust Law

Antitrust law, also known as competition law, refers to a body of legislation designed to promote and maintain market competition by regulating anti-competitive conduct, preventing the abuse of dominant market positions, and overseeing mergers and acquisitions that could lead to monopolistic control.

Why it matters

Prevents the formation of monopolies that could lead to consumer exploitation through unfair pricing or restricted choice.
Ensures a level playing field for smaller enterprises, fostering innovation and economic efficiency.
Protects the integrity of the market mechanism by prohibiting cartels and collusive practices that distort supply and demand.

How it is asked

Focus on the role of regulatory bodies in market oversight, the impact of digital markets on competition policy, and the balance between encouraging corporate growth and preventing the concentration of economic power.

In the syllabus

In the news

EU fines Google for antitrust violations 24 July

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