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Definitions from WordNet

Definitions from the Web

Antitrust Legislation

Antitrust legislation refers to a set of laws and regulations enacted to prevent anti-competitive practices and promote fair competition in the marketplace. These laws aim to protect consumers from monopolies, price-fixing, and other unfair business practices that can harm competition and limit consumer choice.

Senses and Usages:

1. Noun - Legal Sense:

In the legal sense, antitrust legislation encompasses a body of laws that are designed to regulate and restrain monopolistic behavior in order to foster healthy competition. These laws promote fair trade practices, prevent companies from engaging in anti-competitive actions, and encourage market competition.

Example Sentence:

The antitrust legislation was implemented to prevent mergers that could potentially create a monopoly and restrict market competition.

2. Noun - Economic Sense:

Antitrust legislation can also refer to the economic policies and measures that are implemented by governments to regulate and control monopolies and promote competition. These policies may involve the regulation of mergers and acquisitions, price controls, and the establishment of regulatory bodies to ensure fair business practices.

Example Sentence:

The government is considering new antitrust legislation to tackle the growing concentration of power in the tech industry.

3. Adjective - Popular Usage:

In a popular sense, antitrust legislation is often used to describe any laws or regulations aimed at preventing unfair business practices, price-fixing, or monopolistic behavior, regardless of their official legal classification.

Example Sentence:

The company was sued for violating antitrust legislation after engaging in price-fixing with its competitors.

Possible Related Products:

• Books on Antitrust Legislation
• Books on Competition Law
• Antitrust Cases
• Antitrust Regulations