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About: Anti-competitive practices     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatEthicallyDisputedBusinessPractices, within Data Space : dbpedia.org associated with source document(s)

Type: companyyago:Abstraction100002137yago:Act100030358yago:Activity100407535yago:Event100029378yago:Practice100410247yago:PsychologicalFeature100023100yago:YagoPermanentlyLocatedEntityyago:WikicatEthicallyDisputedBusinessPractices New Facet based on Instances of this Class

Anti-competitive practices are business or government practices that prevent or reduce competition in a market. Antitrust laws differ among state and federal laws to ensure businesses do not engage in competitive practices that harm other, usually smaller, businesses or consumers. These laws are formed to promote healthy competition within a free market by limiting the abuse of monopoly power. Competition allows companies to compete in order for products and services to improve; promote innovation; and provide more choices for consumers. In order to obtain greater profits, some large enterprises take advantage of market power to hinder survival of new entrants. Anti-competitive behavior can undermine the efficiency and fairness of the market, leaving consumers with little choice to obtain