There are numerous finance laws that affect everybody’s lives in some way. Finance laws exist to eliminate questionable activity within businesses and to protect consumers. This leads to a healthier financial state for consumers and businesses alike.
While there are many of these laws, businesses need to be especially familiar with these three key finance laws.
The antitrust law, also called ‘competition law,’ is to make sure businesses compete fairly for their customers without:
- Monopolizing trade – Striking a treaty with another brand to take control of certain areas would mean that consumers would not enjoy the benefit of diversity.
- Fixing prices – An agreement with the producer of...READ MORE