antitrust legislation
1
5.6
- noun
- /ˌæntiˈtrʌst ˌlɛdʒɪˈsleɪʃən/
- Specialized
:
legislación antimonopolio
- The cost to national security of breaking down the computer OS monopoly was considered larger than the gain from enforcing anti-monopoly and antitrust legislation.
Examples
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Today's labor unions are exempt from antitrust legislation.
Blog text (32) -
In recent years, antitrust legislation has been vital in breaking up large corporations that threaten fair market competition.
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Hong Kong Chinese ought not to expect relief from antitrust legislation either.
Academic text (1990) -
Vertical integration, when a company operates in more than one stage of the production process, could be subject to antitrust legislation.
Academic text (1993) -
The Director of the Canadian Competition Bureau has commented that the Competition Act, the Canadian antitrust legislation, "does not see competition as an end in itself."
Academic text (1995) -
We really have let our antitrust legislation lapse, and we are in danger of not having a technically proficient labor force.
Blog text (3) -
Antitrust legislation, for example, did not await mid-twentieth century developments in welfare economics.
Academic text (1990) -
The government introduced new antitrust legislation to ensure that no single company could dominate the industry.
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Antitrust legislation aims to foster competition by limiting monopolistic practices in the marketplace.
Synonyms
8
4.3
Government rules that stop one company from controlling a market and protect competition
How Pro-Competitive
- Specialized
1
5.6
- Formal
Surface Forms
Morphology
The phrase is directly compositional: 'antitrust' (relating to preventing monopolies or unfair competition) modifies 'legislation' (laws/statutes), so a learner who knows both constituents can deduce it refers to laws that prevent monopolies and unfair business practices. The construction and concept are cross-linguistically common, so the meaning is immediately inferable from the parts.
Etymology
Antitrust legislation comes from the parts anti and trust. Anti means 'against' and trust was a name for big companies that joined to control prices. So these laws were made to stop those company groups and protect fair competition.