Which laws are designed to prevent anti-competitive business practices?

The correct answer, which refers to Competition Legislation, is specifically designed to promote competition and prevent anti-competitive practices within markets. This body of laws aims to ensure that businesses compete fairly, fostering an environment where innovation and consumer choice flourish. Competition legislation typically addresses issues such as price-fixing, market sharing, and the abuse of market power, which can lead to reduced competition and harm consumers.

In contrast, trade regulations primarily focus on international trade and the rules governing trade between countries, rather than directly addressing anti-competitive behavior. Monopoly laws, while relevant to market dominance issues, are often a subset of broader competition legislation and may not encompass all forms of anti-competitive practices. Market integrity laws are typically focused on maintaining fair practices within financial markets, which is important but not directly aimed at preventing anti-competitive behavior across all business sectors.