Definition, Meaning & Synonyms
antitrust
noun
/ˌæn.tɪˈtrʌst/
Definition
Antitrust refers to a set of laws and regulations designed to promote fair competition and prevent monopolies in the marketplace.
Examples
- The government implemented antitrust laws to dismantle monopolies in the industry.
- Antitrust cases can be complex and require thorough investigation.
- They launched an antitrust investigation into the company’s market behavior.
Meaning
The term antitrust is associated with preventing anti-competitive practices and ensuring that companies compete fairly, benefiting consumers with better prices and services.
Synonyms
- competition law
- antimonopoly law
- fair trade law