Definitions for anticompetitive
an·ti·com·pet·i·tive

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1. anticompetitiveadjective

   Acting to hinder or obstruct competition

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1. anticompetitive

   Anti-competitive practices are business or government practices that prevent or reduce competition in a market. Antitrust laws differ among state and federal laws to ensure businesses do not engage in competitive practices that harm other, usually smaller, businesses or consumers. These laws are formed to promote healthy competition within a free market by limiting the abuse of monopoly power. Competition allows companies to compete in order for products and services to improve; promote innovation; and provide more choices for consumers. In order to obtain greater profits, some large enterprises take advantage of market power to hinder survival of new entrants. Anti-competitive behavior can undermine the efficiency and fairness of the market, leaving consumers with little choice to obtain a reasonable quality of service. Anti-competitive behaviour is used by business and governments to lessen competition within the markets so that monopolies and dominant firms can generate supernormal profits and deter competitors from the market. Therefore, it is heavily regulated and punishable by law in cases where it substantially affects the market. Anti-competitive practices are commonly only deemed illegal when the practice results in a substantial dampening in competition, hence why for a firm to be punished for any form of anti-competitive behaviour they generally need to be a monopoly or a dominant firm in a duopoly or oligopoly who has significant influence over the market. Anti-competitive behaviour can be grouped into two classifications. Horizontal restraints regard anti-competitive behaviour that involves competitors at the same level of the supply chain. These practices include mergers, cartels, collusions, price-fixing, price discrimination and predatory pricing. On the other hand, the second category is vertical restraint which implements restraints against competitors due to anti-competitive practice between firms at different levels of the supply chain e.g. supplier-distributor relationships. These practices include exclusive dealing, refusal to deal/sell, resale price maintenance and more.

How to pronounce anticompetitive?

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How to say anticompetitive in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of anticompetitive in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of anticompetitive in Pythagorean Numerology is: 1

Examples of anticompetitive in a Sentence

1. Ro Khanna:

   Obviously it has to be reviewed. But if they can make an argument this is going to improve the consumer experience, it ought to be considered, not every merger by definition is anticompetitive.

2. Chip Davis:

   It is worth noting and recognizing recent efforts by representatives in the branded industry to highlight the valuable role generic medicines play in driving healthcare system savings, continued use of these anticompetitive practices by certain manufacturers drives the exact opposite outcome.

3. House Judiciary Committee:

   There is growing evidence that a handful of corporations have come to capture an outsized share of online commerce and communications, this information is key in helping determine whether anticompetitive behavior is occurring, whether our antitrust enforcement agencies should investigate specific issues and whether or not our antitrust laws need improvement to better promote competition in the digital markets.

4. Doug Collins:

   This information is key in helping determine whether anticompetitive behavior is occurring, whether our antitrust enforcement agencies should investigate specific issues and whether or not our antitrust laws need improvement to better promote competition in the digital markets.

5. Joseph Simons:

   Staff had significant concerns about the likely anticompetitive effects and had recommended that the Commission block the transaction. Now that the deal has been abandoned, patients and surgeons will continue to benefit from competition.

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References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Anticompetitive
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Anticompetitive