Antitrust & Price Fixing
Antitrust laws were instituted to protect consumers by promoting fair competition, reasonable pricing, and prevent companies from obtaining a monopoly wherein there are no other competitors, thereby allowing companies to engage in inflated pricing for goods and services. These laws also help ensure that the consumer is able to obtain the highest quality merchandise and service at the best prices. In other words, these laws are written to provide and promote market competition, resulting in greater consumer protection.
Mergers and Acquisitions are highly regulated under Antitrust Laws to prevent the restraint of trade and attempts to establish new monopolies.
Price Fixing, whereby competitors work together to establish set prices for specific goods or services rather than allowing the free market to determine pricing based on the principles of supply and demand, is forbidden under Antitrust Regulation because it typically leads to price gouging.
At The Carter Law Firm we represent clients in a wide variety of Antitrust & Price Fixing matters, including but not limited to those brought based on the following:
- Antitrust Litigation
- Attempts to Create Monopolies
- Competitor Agreements
- Competitor Agreements to Assign Consumers to Specific Competitors
- Competitor Agreements to Boycott Targeted Businesses
- Competitor Agreements to Divide Sales Territories
- Establishment of Monopolies
- Exclusive Dealing
- Predatory Pricing Schemes
- Price Fixing
- Rigging Bids
- Unfair Business Practices
In order to prevail in an Antitrust matter, it must be proven that defendant business or businesses actively engaged in undermining fair competition in a given market, resulting in harm to specific individuals or competitors. Those found to be in violation of Antitrust Laws and Price Fixing are subject to extensive monetary damages, may be put out of business, and may also face criminal prosecution.
For additional information regarding any of these violations, please complete our Contact Us case evaluation form and a representative from our firm will contact you as soon as possible.