The United States has several laws that are intended to further fair, balanced, and competitive business practices. Do you think that such laws are effective? If so, why? If not, why not?

Question

tanya123 · Answer

The aims of competition laws or the antitrust laws are to ensure that consumers pay the lowest possible price plus with highest quality of goods and services they are using. In present world competitions laws enables everyone to do business in the market. Businesses can decide prices for their products and services as per their standards. They are free to advertise the products and services they are using (aointl, 2013). Competition laws also enable the government to keep track on the competition in the market and provide necessary infrastructure for better competition else locals will suffer in the market. According to current economic theories, one can become an economically developed country only on the basis of the effective competition

anonymous · Answer

yepp..it gives the opportuinity to be unite and faithful and also the defaulters can be pointed out but only in thoose situiation that everyone be honest with his job...