Competition laws or antitrust laws are intended to ensure that all consumers have the opportunity to pay the lowest price as well as superior quality of the products and services they are using. “Using industry dominance to secure favorable product prices from buyers, even if such prices are not available to weaker companies in the same industry, is generally a violation of antitrust laws” (SBA GOV2011). Currently competition laws allow every single person to do business in the market. “The importance of developing an effective competition policy framework lies in its ability to strengthen international trade, multilateral cooperation and the flow of investment, especially to developing and least developed countries” (Schulenburg v Signatrol, Inc. (1964) Competition laws are certain that the government tracks competition and other markets suffer of inflation within the industry countries and allowing more and more organizations. It pits the customer against production, producers and against other producers, during this battle companies will try to win the trust of their consumers, whatever it takes long life creates great quality at lower prices. PCs or electronic equipment cost a small amount of money compared to the amount of money we currently spend. It could create some sort of encouragement for any manufacturer and service provider to have more. In professional terms: optimizes the allocation of resources at the corporate level and, consequently, in the entire national economy. In...... middle of paper....... By using fuel-efficient vehicles and other energy-saving products, companies can save money and use the savings for further development projects or to increase services for the customers. The shipping industry can continue to provide service in locations where the USPS is no longer served. The maritime industry must continue to use technological advances to increase its competitive advantage. These organizations can also extend beyond the United States and provide more global services to countries around the world. Every single 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
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