Business Finance Homework Help

Antitrust laws were enacted in the early the late 1800’s to regulate economic competition in an effort to maintain fair trade practices. They were created to prevent the restraints on trade created by trusts and other large company practices. These restraints often resulted in price-fixing, control of production, and control of geographical markets. Here in 21st Century America anti-trust laws still exist to protect consumers from monopolistic and unfair competition. Some have questioned whether these laws are still necessary to protect both consumers and small businesses.

Discuss whether you think anti-trust laws still have a place in America today. Would consumers be better off if they had fewer choices when purchasing products or services?