How do antitrust violations harm consumers?
A. Without antitrust laws, consumers would suffer a steady diet of artificially inflated prices, diminished competition, reduced service quality, and illegal monopolies. According to the U.S. Department of Justice, antitrust violations can raise the price of a product or service by more than 10 percent. Even with tough laws and stiff penalties in place, American consumers are still believed to spend millions, if not billions, of dollars annually on products and services that are illegally overpriced.