What does the U.S. government hope to achieve through the use of its antitrust policy? How does international competition affect domestic antirust policy?
If could help me find a web site that tells me in simple terms.
http://en.wikipedia.org/wiki/United_States_antitrust_law
The U.S. government aims to achieve a competitive and fair marketplace through its antitrust policy. By enforcing antitrust laws, the government seeks to prevent the formation of monopolies, promote healthy competition, protect consumer interests, and ensure economic efficiency. The objective is to prevent companies from engaging in anti-competitive practices such as price fixing, collusion, and predatory pricing, which can harm consumers and stifle innovation.
International competition can have an impact on domestic antitrust policy. Globalization and increased international trade have resulted in interconnected markets and increased competition. As a result, domestic antitrust policies must consider the effects of international competition on the domestic marketplace.
To find a website that explains these concepts in simple terms, you can try visiting websites like Investopedia (www.investopedia.com) or the U.S. Department of Justice's Antitrust Division website (www.justice.gov/atr). These websites provide explanations and resources related to antitrust policy in layman's terms.