Definition, Meaning & Synonyms
antitrust
noun
/ˌæn.tɪˈtrʌst/
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Definition
Antitrust refers to a set of laws and regulations designed to promote fair competition and prevent monopolies in the marketplace.
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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.
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Meaning
The term antitrust is associated with preventing anti-competitive practices and ensuring that companies compete fairly, benefiting consumers with better prices and services.
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Synonyms
- competition law
- antimonopoly law
- fair trade law