Businesses have their own set of laws, just as civilians do. Having the correct amount of oversight ensures accountability and avoids corruption from influencing the open markets. Antitrust lawyers are one small part of this oversight committee. This video will discuss what exactly antitrust attorneys exactly do.
Antitrust attorneys protect the world of business from corporate monopolies. Corporate monopolies bottleneck innovation and can hurt smaller businesses that the economy relies on. An example of this is price-fixing. Corporate antitrust lawyers oversee company mergers as well as free trade agreements. Monopolies in business essentially get rid of their competition through means such as price-fixing. It is illegal and that is what these specific attorneys specialize in. Most of the time, antitrust lawyers work for larger firms that represent big businesses, rather than working for the big business itself.
