In a freely competitive market, each competing business generally will try to attract consumers by cutting its prices and increasing the quality of its product or services. Competition and the profit opportunities it brings also stimulate businesses to find new, innovative and more efficient methods of production. Consumers benefit from competition through lower prices, better products and services. The first U.S. legislation to curb agreements that restrict trade and reduce economic competition was the …
showed first 75 words of 1044 total

showed last 75 words of 1044 total
…has too much power, particularly in a relatively new and very strong industry. It also raises the questions of how big is too big?, does size matter in business?, and should it? References: Anderson's Business Law 18th Ed. Twomey, Jennings, Fox http://www.usdoj.gov/atr/public/div_stats/1638.htm http://www.ftc.gov/bc/mission.htm http://www.findlaw.com/01topics/01antitrust/microsoft.html http://abcnews.go.com/sections/tech/DailyNews/msdoj_index.html