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antitrust law

antitrust law

8 4.3
Government rules that stop one company from controlling a market and protect competition
  • noun
  • /ˈæntiˌtrʌst lɔ/
  • Specialized
translation icon : ley antimonopolio
  • Predatory pricing has long been held as illegal anti-competitive behavior under American antitrust law.
  • antitrust law enforcement
  • enforce antitrust laws
  • federal antitrust law

The report suggests that Congress must take action to update antitrust laws with these tech companies in mind.

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Examples

  • The report suggests that Congress must take action to update antitrust laws with these tech companies in mind.

  • Some conservatives are not content with calling for a purely economic interpretation of the antitrust laws.

    Academic text (1997)
  • This is why we have antitrust laws and why there should be a tax on carbon and so on.

  • I am not sure how our competition and antitrust laws would be viewed in the above situations.

    Academic text (1991)
  • That case focused on author earnings rather than harm to consumers, which was a significant shift in how antitrust law is applied.

  • In the late nineteenth century, the main instrument of control was supposed to be antitrust laws.

    Academic text (2017)
  • Right now, the main suggestion is to regulate tech companies through things like privacy laws, antitrust laws, copyright laws.

  • The Competition Act incorporates principles that suggest there is room for the coexistence of antitrust law and innovation.

    Academic text (1995)
  • So you've got these Titanic corporations that can be broken up with Sherman antitrust laws, but the government isn't trying to break them up.

  • The government enacted antitrust laws to prevent companies from forming monopolies and stifling competition.

Synonyms

antitrust legislation
vsantitrust law
  • Specialized
1 5.6

Law that stops monopolies and unfair business practices to protect competition

focuses on intent and purpose rather than on formal enactment by authorities

Antonyms

monopoly
  • Specialized
148 4.9

Only one company sells and controls a product or service

How Pro-Competitive

antitrust law
  • Specialized
8 4.3
mercantile law
  • Formal
7.4
regulation
  • Formal
730 3.4
guideline
344 3.1

Surface Forms

antitrust law singular

Morphology

antitrust + law

The phrase 'antitrust law' is compositional: it simply names a law concerning 'antitrust' (regulation to ensure fair competition) and 'law' (a statute), so the overall meaning follows directly from the constituents. This is a common, cross-linguistic noun + noun/adjective naming pattern, so a B1 learner who knows both constituent meanings should understand it.

Etymology

The term antitrust law comes from when very big companies formed 'trusts', groups that joined to control prices and push out rivals. The start anti means 'against', so antitrust law means laws made to stop those trusts and keep the market fair and open.