An important part of the free market of the United States, antitrust lawyers fight to protect trade and commerce. Understanding their importance is crucial to keeping consumers happy and protected.
Antitrust lawyers protect the market from corporate monopolies, price fixing, and unfair restrictions. This allows the market to stay reasonable for consumers in every income bracket.
Some of their main focuses are corporate acquisitions and free trade agreements. When left unchecked, these acquisitions can lead companies to control large sections of the market which can have a significant impact on the price of goods and services. For example, if the largest television company purchased its largest competitor, it would have unfair control over the television market. Their monopoly could lead to them raising the prices for not only the product, but the parts needs to repair them and the costs for maintaining them.
These attorneys are most often employed by government agencies and large corporations. When hired, they work to ensure no business is overstepping their bonds or breaking any states currently in place with any of their actions or acquisitions.
For additional information on the role and the importance of antitrust lawyers, please review the attached video.