Economics: Principles and Practices: Student Web Activity: Chapter 7

Chapter 7: Market Structure
"Department of Justice - Antitrust Enforcement"

Introduction
Today, government has the power to encourage competition and to regulate certain monopolies that exist for the public welfare. In some cases, government has taken over certain economic activities and runs them as government-owned monopolies. The United States Department of Justice Antitrust Division works to promote and protect fair business practices through the enforcement of antitrust laws. In this activity, you will learn more about the Antitrust Division.

Destination Title: The U.S. Department of Justice—Antitrust Division

Note: Clicking on the link above will launch a new browser window.
Need help using your browser for this activity? Click here for tips.

Directions
Start at the U.S. Department of Justice—Antitrust Division home page.

Select the "Overview" Page from the menu at the left of your screen. Print a copy of the page or read the information and answer the following questions.

1. What is the mission and role of the Antitrust Division?

2. Why is competition important in the marketplace?

3. What kinds of cases is the Justice Department currently pursuing?

4. Select the "Report Violations" link at the left of your screen. Next, select the "Price Fixing . . . What To Look For" link, and then list at least two ways that you can know if the antitrust laws are being violated.