Definition of antitrust in English English dictionary
Opposed to or against the establishment or existence of trusts (monopolies), usually referring to legislation
The regulators used antitrust laws to block the merger, believing it would eliminate competition.
acts Federal and state statutes to protect trade and commerce from unlawful restraints, price discriminations, price fixing and monopolies
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
Government intervention to alter market structure or prevent abuse of market power
laws that discourage monopoly and restrictive practices and encourage greater competition
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
Consisting of laws to protect trade and commerce from unlawful restraints and monopolies or unfair business practice
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
Any law restricting business practices that are considered unfair or monopolistic. Among U.S. laws, the best known is the Sherman Antitrust Act of 1890, which declared illegal "every contract, combination...or conspiracy in restraint of trade or commerce." The Clayton Antitrust Act of 1914, as amended in 1936 by the Robinson-Patman Act, prohibits discrimination among customers through prices or other means; it also prohibits mergers or acquisitions whenever the effect may be "to substantially lessen competition." Labour unions are also subject to antitrust laws
legal case brought against Microsoft by the U.S. government in which Microsoft is accused of monopolistic behavior and attempting to control the computer market through its Internet Explorer program
(1890) First U.S. legislation enacted to curb concentrations of power that restrict trade and reduce economic competition. Proposed by Sen. John Sherman, it made illegal all attempts to monopolize any part of trade or commerce in the U.S. Initially used against trade unions, it was more widely enforced under Pres. Theodore Roosevelt. In 1914 Congress strengthened the act with the Clayton Antitrust Act and the formation of the Federal Trade Commission. In 1920 the U.S. Supreme Court relaxed antitrust regulations so that only "unreasonable" restraint of trade through acquisitions, mergers, and predatory pricing constituted a violation. Later cases reinforced the prohibition against monopoly control, including the 1984 break-up of AT&T. See also antitrust law
act created by the United States Congress in 1890 for the purpose of limiting any power that would restrain trade (such as monopolies and trade unions)