anti-trust laws

Definitions

Accounting

  • plural noun laws in the United States which prevent the formation of monopolies

Economics

  • plural noun laws in the USA which prevent the formation of monopolies or price fixing and so encourage competition

Media Studies

  • plural noun legislation designed to prevent large corporations forming a monopoly to the detriment of smaller enterprises, e.g. by price-fixing. Companies found guilty of this practice can be fined up to 10 per cent of their annual sales under EU law.
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