The American economic machine has been the central laboratory in the capitalist experiment and the results have been, by and large, tremendously beneficial. As companies grow in size, success, and reputation they may begin to effectively dominate the particular market within which they operate. While this comes with significant benefits for the leading enterprises it can greatly stifle and inhibit the growth of newer and smaller companies. Furthermore, it gives the monopoly holder virtual control of the market and can lead to unchecked and unfair profiteering. In response to this challenge, antitrust laws have been created as a deterrent to unscrupulous practices.
If you feel that your business has been unfairly targeted by an antitrust action or believe that another company is in violation of these laws and regulations, we would encourage you to speak with an experienced attorney. Contact the Des Moines business lawyers of LaMarca Law Group, P.C. at (877) 327-2600.
Aims of Antitrust Laws
The primary goal of antitrust law in the United States is to ensure that there is healthy competition so that the public good is well-served and there is an incentive for companies to engage in fair business practices. To accomplish this goal, there are a few different elements that are targeted including:
- Implicit or explicit agreements and practices that inhibit free trade and competition
- Abusive actions such as predatory pricing or price gouging
- The merging and acquiring of one company by another
The penalties if you are found in violation of antitrust laws can be severe. Conversely, your business may never grow if you are being crushed by a dominant company. Contact the Des Moines business lawyers of LaMarca Law Group, P.C. at (877) 327-2600 to learn more about your legal options.