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  • Essay / Competition laws or antitrust laws - 838

    Competition laws or antitrust laws aim to ensure that all consumers have the opportunity to pay the lowest price coupled with superior product quality and services they use. “Using dominant industry power to obtain favorable product prices from buyers, even if those prices are not available to weaker companies in the same industry, is generally a violation of antitrust laws” (SBA GOV2011). Currently, competition laws allow everyone to do business. on the market. “The importance of developing an effective framework for competition policy lies in its ability to strengthen international trade, multilateral cooperation and investment flows, particularly to developing and least developed countries” (Schulenburg v. Signatrol, Inc. (1964) Competition Laws We guarantee that the government must follow the competition and that other markets suffer Competition is not limited to certain prices of goods and services in the market It can especially. be interpreted as a window of inflation within countries the sector and by allowing more and more organizations, it places the customer against production, and producers and against other producers, during this battle. companies will try to gain the trust of their consumers whatever it costs This long-lasting conflict creates high quality with lower prices PCs or electronic equipment costs little money compared to the amount we are currently. . This can create a sort of incentive for all manufacturers and service providers to have more. In professional terms: it optimizes the allocation of resources at the company level and, therefore, throughout the national economy. In...... middle of paper ....... By using fuel-efficient vehicles and other energy-efficient products, businesses can save money and use the savings for future projects development or to increase services to customers. The shipping industry can continue to provide service in locations that the USPS no longer serves. The shipping industry must continue to use technological advancements to increase its competitive advantage. These organizations can also expand beyond the United States and provide more global services to countries around the world. Every country ships goods to other countries and the shipping industry can replace existing organizations. Works Cited http://www.sba.gov/category/navigation-structure/starting-managing-business/managing-business/business-law-regulations • Schulenburg v. Signatrol, Inc. (1964)http://www.wto .org/english/forums_e/ngo_e/asipi_e.pdf