Anti Trust Laws Homework Help
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These are a set of rules and regulations put forward by the US government to protect the interests of the consumers against foul practices at the markets. It necessarily secures a fair competition in the market. A range of business practices are covered under the anti trust laws. These laws are otherwise known as competition laws. The details can be lucid on the topic. So, for further information, go through Anti Trust Laws Homework Help.
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Activities under anti trust laws
1. Fixing of prices: When a good or commodity is sold at the market by two companies and are extremely similar, the prices are fixed by bilateral talks. Because, more or less, the customers would only differentiate between the two companies on basis of the costs. That is why both companies would gain maximum by mutual price fixing. For more details, go through Anti Trust Laws Homework Help.
2. Rigging of bid: This is to ensure that a number of companies have their share of market profits. For instance, three companies might consent to act as a cartel in auctions. So, if the first company wins the first auction, the subsequent two auctions shall be allowed to be won by the other parties. For more insights, refer Anti Trust Laws Homework Help.
3. Market establishments: This is a scenario where leading companies stay out of the market areas of each other to maximize the profit quotients and establish a sort of monopoly in their territories of market. For more detailed account, study Anti Trust Laws Homework Help.
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