New York State has a population of 19.36 million which makes it the fourth most populous state in United States. Its gross state product (GSP) in 2020 was $1.75 trillion, which ranks third among US states. New York State’s financial and commercial powerhouse status is due to its strong economy, which is highly diversified across various industries such as finance, insurance, real estate, media, and entertainment. The state has a robust economy that thrives on competition and innovation. This has made the state of New York a significant player in the global economy. However, to ensure fair competition is maintained, New York has extensive antitrust regulation in place. This article will provide an overview of New York's antitrust regulations, including the state's competition law, the agencies responsible for its enforcement, and the penalties for antitrust violations. Antitrust Laws in New York State Antitrust laws were created to ensure that businesses can compete freely in th...
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