Understanding Antitrust Laws

The video explains antitrust laws in the US, focusing on promoting competition by preventing monopolies. It covers the historical context of these laws, starting with the Sherman Act, and discusses the economic benefits of competition, such as lower prices and more consumer choices. The video also outlines various anticompetitive practices, like price fixing and exclusive dealing, and the role of regulatory bodies like the FTC in enforcing these laws.

What role does the Federal Trade Commission play in enforcing antitrust laws?

How does price fixing violate antitrust laws?

Discuss the implications of mergers on competition in the market.