What does the Constitution say about monopolies?

The Constitution does not explicitly mention monopolies, but it lays the groundwork for limiting them through various provisions that promote competition and prevent abuses of power. The correct understanding relates to the principles of free enterprise and competition, which are fundamental to the economic framework of the United States.

The interpretation that monopolies are forbidden arises primarily from the Sherman Antitrust Act of 1890, which prohibits monopolistic practices and promotes fair competition. This act reflects the constitutional intent to prevent the concentration of economic power that can manipulate markets, stifle competition, and harm consumers.

In this context, the notion of forbidding monopolies aligns with the overarching goal of ensuring a competitive marketplace where no single entity can dominate and infringe upon the rights of consumers or other businesses. Therefore, the sentiment behind prohibiting monopolies is embedded in the constitution's guiding principles, even if not stated explicitly.