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Antitrust Legislation (Noun)

Meaning

Law intended to promote free competition in the market place by outlawing monopolies.

Classification

Nouns denoting communicative processes and contents.

Examples

  • The government passed antitrust legislation to prevent large corporations from dominating the market and stifling competition.
  • Antitrust legislation has been instrumental in promoting fair business practices and protecting consumers from price-fixing and other monopolistic behaviors.
  • The company was fined heavily for violating antitrust legislation by engaging in predatory pricing and attempting to drive its competitors out of business.
  • The purpose of antitrust legislation is to ensure that no single entity has too much control over a particular market or industry.
  • The enforcement of antitrust legislation has led to the breakup of several large corporations that had become too powerful and were abusing their market dominance.

Synonyms

  • Antitrust Law
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