Principle of Antitrust Law

Antitrust law has three main elements:

Substance and practice of Antitrust law varies from jurisdiction to jurisdiction. Protecting the interests of consumers (consumer welfare) and ensuring that entrepreneurs have an opportunity to compete in the market economy are often treated as important objectives.

Antitrust law is closely connected with law on deregulation of access to markets, state aids and subsidies, the privatization of state owned assets and the establishment of independent sector regulators, among other market-oriented supply-side policies. In recent decades, Antitrust law has been viewed as a way to provide better public services.

Are you looking for Legal Industry Translation? We are here for your assistance.

Robert Bork has argued that Antitrust laws can produce adverse effects when they reduce competition by protecting inefficient competitors and when costs of legal intervention are greater than benefits for the consumers.

Take a look at how we helped our client by localizing their project for Legal Industry Translation. Click here to read the complete case study