Pros And Cons Of The Antitrust Act

The antitrust act hasn’t changed since it has been created, however the advancement of technology has made it difficult to establish which company would fall under the antitrust act. Older industries are easier to deal with because they are most likely to have a line of cases. Railroads industries for example, have been around for a long time now, which means there has been judges deciding things about it for more than a century. The problem are the technology companies, those are very contemporary making it more difficult for economists and lawyers to decide what is going against the antitrust laws and what isn’t. Furthermore, the advancement of technology has drastically increase deals between different countries. Considering this, before a deal gets approved, it has go through all the antitrust acts from all the countries involved in the deal. A very challenging and long lasting process. Antitrust acts have been around for more than a century, however it has been going through some changes to keep up with the advancements of
technology.