What is anti- trust? ?
When to comes to a business/ company what exactly is anti- trust? What are ways to resolve?
I tried searching but still don’t understand the concept.
- Casey YLv 73 weeks agoFavorite Answer
Anti-Trust is another way to say anti-Monopoly. Basically, if one company controls too much or all of a particular market, it hinders competition. Think of the telephone system in the USA as an example. One company started it all, but we decided to break up that company because they were so powerful, they could arbitrarily charge whatever they wanted because there was effectively no competition.
Anti-trust refers specifically to agreements between competitors to set pricing.