2: Maintain Competition
Prevent anticompetitive mergers and other anticompetitive business practices in the marketplace Other Information:
Gross Costs: $117 Less earned revenue: (74) Net Costs: $43 Strategic View: A key function of the FTC is to protect and strengthen
the free and open markets that are the cornerstone of a vibrant economy. aggressive competition among sellers in an open marketplace
gives consumers the benefit of lower prices, higher quality products and services, maximum choice, and innovation leading
to beneficial new products and services. The FTC seeks to promote vigorous competition by using the antitrust laws to prevent
anticompetitive mergers and to stop business practices that diminish competition, such as agreements among competitors about
prices or other aspects of competition (referred to as nonmerger enforcement). The agency applies four related objectives
to achieve this broad-reaching goal.
Objective(s):
|
