Anti-competitive practices can have several negative effects on the economy and consumers:
Higher Prices: Reduced competition often leads to higher prices, as there is less pressure on firms to lower costs. Lower Quality: With fewer competitors, businesses may not feel the need to improve their products or services. Less Innovation: Competitive markets drive innovation; without competition, firms may have little incentive to innovate. Reduced Consumer Choice: Practices like exclusive dealing and tying arrangements limit the variety of products and services available to consumers.