Buy custom The Role of Law
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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1039 |
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These laws can protect business investments just as it can protect individual investments or contracts.
The policy against restrictions on free competition is the basis for the antitrust statutes. “If the sole purpose of an agreement is to restrain competition, it violates public policy and is illegal...
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“If the sole purpose of an agreement is to restrain competition, it violates public policy and is illegal.†(Mallor, 2007) There are some competition restrictions that serve legitimate business interests and are enforced, but are scrutinized very closely by the courts. The antitrust laws were led by “public demands for legislation to preserve competitive market structures and prevent the accumulation of great economic power in the hands of a few firms...
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