How does the government insure fair business practices?

The government ensures fair business practices through regulations and enforcement mechanisms designed to promote competition and protect consumers. Agencies such as the Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC) monitor business activities to prevent unfair competition, fraud, and deceptive practices. Additionally, laws like the Sherman Act and the Clayton Act prohibit anti-competitive behavior, while consumer protection laws safeguard against false advertising and unsafe products. Regular audits, investigations, and penalties for violations further uphold these standards.