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United States antitrust law. United States antitrust law is a collection of federal and state government laws that regulates the conduct and organization of business corporations, generally to promote fair competition for the benefit of consumers.
What is an antitrust law? Antitrust laws - also referred to as competition laws - are statutes developed by the U.S. Government to protect consumers from predatory business practices by ensuring that fair competition exists in an open-market economy. Market Allocation: Suppose my company operates in the Northeast and your company does business in the Southwest.