Legal Dictionary

antitrust

Legal Definition of antitrust

Etymology

    USA Origin

Etymology

    From USA origin

Adjective

  1. "Antitrust" legislation is designed to prevent businesses from price-setting or other secret collaboration which circumvents the natural forces of a free market economy and gives those engaging in the antitrust conduct, a covert competitive edge. Also known as "anti-combines" or "competition" legislation.

Alternative spellings

  1. anti-trust

Definition of antitrust

Adjective

antitrust (not comparable)

  1. (law) Opposed to or against the establishment or existence of trusts (monopolies), usually referring to legislation.

    The regulators used [[antitrust]] laws to block the merger, believing it would eliminate competition.

See also

  • antimonopoly

Usage notes

  • In the United States, laws that prohibit monopolies are called antitrust laws; in other parts of the world, such laws are generally referred to as antimonopoly laws or competition laws.

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



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