antitrust legislation

antitrust legislation
n [U]
laws introduced in the US to encourage competition in business. Their main aim has been to prevent or control monopolies (= companies which are so large that no others can compete with them). The most important early antitrust laws passed by the United States Congress were the Sherman Antitrust Act (1890) and the Clayton Antitrust Act (1914).

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Universalium. 2010.

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  • antitrust laws — Legislation established by the federal government to prevent the formation of monopolies ( monopoly) and to regulate trade. Bloomberg Financial Dictionary …   Financial and business terms

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