Live Breaking News & Updates on Commission Litigation Authority
Stay updated with breaking news from Commission litigation authority. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Sec. 2: Findings and Purposes Congress finds that: Competition results in higher-quality goods and services; Competition fosters small business growth, reduces economic inequality and spurs innovation; Market power in the U.S. is substantial and growing; Market power makes it difficult for people to start their own business, depresses wages and increases income inequality; Market concentration contributes to the concentration of political power; Anticompetitive effects include higher prices, lower quality, lessened choice, reduced innovation, foreclosure of competitors and entry barriers; Monopsony power allows a firm to force suppliers to accept below-market prices or force workers to accept below-market wages; Horizontal and vertical consolidation and conglomerate mergers have potential to increase market power and cause anticompetitive harm; ....