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Term: Antitrust Law

Description: Antitrust law refers to legislation that aims to promote fair competition and prevent monopolistic practices in business. These laws are designed to protect consumers and ensure a level playing field within the market.

Part of Speech: Noun

Sense 1: Antitrust laws are regulations put in place by governments to prevent the abuse of market power and to promote competition in various industries.

Example Sentence: The antitrust laws in the United States are enforced by the Federal Trade Commission (FTC) and the Department of Justice.

Related Products on Amazon: Antitrust Law Books

Part of Speech: Adjective

Sense 1: Referring to something that is related to or compliant with antitrust laws.

Example Sentence: The company made changes to its business practices to ensure antitrust law compliance.

Part of Speech: Adverb

Sense 1: Describes an action or behavior that is done in accordance with antitrust laws.

Example Sentence: The company operates antitrust lawfully by following fair trade principles.