Anti-competitive Behavior of the Wisconsin Chiropractic Association Essay - 3

Anti-competitive Behavior of the Wisconsin Chiropractic Association - Essay Example The FTC functions as an equalizer between the vulnerable consumers and the wealthy and powerful businessmen and corporations. It serves as a monitoring agency in the regulation of commodity prices. It also serves to protect businesses from each other by giving all of them fair and equal opportunities to trade their wares in the consumer market. Public policy considerations against anti-competitive behavior revolve around keeping the prices of commodities and services affordable to the public while still achieving a high level of quality in goods and services. The FTC monitors the consumer market for possible violations in anti-competition and anti-trust policies. This monitoring is done with the help of the consumers. Consumers are encouraged to report unfair competition practices of businesses and industries. Through the FTC, many industries are encouraged and motivated to produce high-end goods and services while still making them available to the consumer at affordable prices. The public has the right to expect an assortment of choices in their goods and services. It also has the right to be protected against businessmen and corporations who may take it upon themselves to agree about prices in order to manipulate the market. The public has the right to be protected against monopolies. Monopolies restrict the public’s right to avail of similar products traded by other companies. This practice restricts the participation of industries in similar trading lines controlled by more dominant corporations.