Gavel Insight

Introduction Antitrust laws are crucial for maintaining fair competition in any economy. Antitrust laws prohibit companies from engaging in practices that restrain trade, including monopolistic practices. These laws exist to protect consumers and other businesses by promoting price competition, quality products, and innovation. In West Virginia, the antitrust landscape is dynamic, and agencies responsible for enforcing antitrust laws have a pivotal role in ensuring competition in the marketplace. In this article, we will break down antitrust enforcement in West Virginia, its challenges, opportunities, and impacts. Overview of Antitrust Enforcement in West Virginia West Virginia has both federal and state antitrust laws that regulate business practices. The federal law is the Sherman Antitrust Act of 1890, which prohibits monopolistic practices and other anticompetitive behavior. The law applies nationwide, and the Department of Justice (DOJ) and Federal Trade Commission (FTC) are respo...