Laws that are designed to prevent monopolies in a market are known as?

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Antitrust laws are specifically designed to promote fair competition and prevent monopolistic practices in the marketplace. These laws aim to ensure that no single entity can dominate a market to the detriment of consumers and the economy as a whole. They address issues such as price-fixing, exclusive supply contracts, and mergers that would significantly reduce competition. Enforcing these laws helps to maintain a level playing field for businesses, fostering innovation and protecting consumer interests.

In contrast, investment laws typically relate to restrictions or regulations concerning the investment market but do not specifically target monopolistic practices. Regulatory laws encompass a broader scope of legislation that governs various industries and sectors, which may include some elements of competition but are not solely focused on preventing monopolies. Corporate laws generally pertain to the governance of corporations, dealing with corporate structure and conduct but do not specifically address antitrust matters.

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