laws formulated to protect trade and commerce from unlawful or unfair business practices These laws also attempt to curb monopolistic tendencies or to minimize the power stemming from monopolies
Genus: Law Differentia: Regulations on successful businesses Comment: Tries to promote economic competition through force - the only way to destroy competition It is based on a false notion of competition Link: Article
A legal term encompassing a variety of efforts on the part of government to assure that sellers do not conspire to restrain trade or fix prices for their goods or services in the market
U S laws designed to prevent any one company from acquiring such a degree of control over a given market that it substantially prevents competition among alternative suppliers and limits consumer choice Antitrust laws are interpreted and applied by the U S Department of Justice and the courts, and are broadly analogous to "competition laws" in other countries
A situation in which a single entity, such as an integrated delivery system, controls enough of the practices in any one specialty in a relevant market to have monopoly power (i e , the power to increase prices)
In the United States, antitrust laws are intended to stop large firms taking over their competitors, fixing prices with their competitors, or interfering with free competition in any way
term originating in the US to refer to action by the state against anti-competitive monopoly and cartel behaviour by companies Originates at the turn of the century when rampant capitalism in the US saw the establishment of "trusts" which were in effect bullying cartels that forced smaller companies to accept the dictates of the big ones