Definitions for antitrust
ˌæn tiˈtrʌst, ˌæn taɪ-an·titrust
This dictionary definitions page includes all the possible meanings, example usage and translations of the word antitrust.
of laws and regulations; designed to protect trade and commerce from unfair business practices
opposed to trusts, monopolies, or other large combinations of business or capital which threaten fair competition; designed to protect trade and commerce from unfair business practices; -- of laws and regulations.
Opposed to or against the establishment or existence of trusts (monopolies), usually referring to legislation.
The regulators used antitrust laws to block the merger, believing it would eliminate competition.
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade practices law. The history of competition law reaches back to the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny, and sometimes severe sanctions. Since the 20th century, competition law has become global. The two largest and most influential systems of competition regulation are United States antitrust law and European Union competition law. National and regional competition authorities across the world have formed international support and enforcement networks. Modern competition law has historically evolved on a national level to promote and maintain fair competition in markets principally within the territorial boundaries of nation-states. National competition law usually does not cover activity beyond territorial borders unless it has significant effects at nation-state level. Countries may allow for extraterritorial jurisdiction in competition cases based on so-called "effects doctrine". The protection of international competition is governed by international competition agreements. In 1945, during the negotiations preceding the adoption of the General Agreement on Tariffs and Trade (GATT) in 1947, limited international competition obligations were proposed within the Charter for an International Trade Organisation. These obligations were not included in GATT, but in 1994, with the conclusion of the Uruguay Round of GATT multilateral negotiations, the World Trade Organization (WTO) was created. The Agreement Establishing the WTO included a range of limited provisions on various cross-border competition issues on a sector specific basis.
Antitrust refers to a set of laws, policies or regulations established to promote fair competition in the market, prevent monopoly, and limit unethical business practices. These regulations are designed to protect consumers from predatory business practices, ensure fair competition, and encourage a diverse marketplace of goods and services.
The numerical value of antitrust in Chaldean Numerology is: 3
The numerical value of antitrust in Pythagorean Numerology is: 7
Facebook should be broken up, we should pursue antitrust activity on Facebook. And there are so many different reasons why. They are acting as an advertiser. They are acting as both platform and vendor. They are a communications platform, which has historically been a well-established domain of antitrust. And so because they are so many businesses and industries in one, the case is, I believe, right there in and of itself as to why they should be subject to antitrust activity.
FUTURISTIC FLYING CAR HOVERS ABOUT THE GROUND FOR ABOUT A MINUTE Big Tech firms could face stiff penalties under a new bill. APPLE ENDS PRACTICE OF SIRI CONTRACTORS LISTENING IN ON USERS Attorney General William Barrs Justice Department has opened a broad antitrust inquiry into potentially anti-competitive behavior from Amazon, Google and Facebook. Without the discipline of meaningful market-based competition, digital platforms may act in ways that are not responsive to consumer demands, Assistant Attorney General Makan Delrahim of the Antitrust Division said in a previously released statement. The Departments antitrust review will explore these important issues. According to the Democratic senators, their legistation has the backing of several consumer watchdog and antitrust policy groups. Senator Klobuchars legislation will put new teeth into our antitrust laws by empowering enforcers and courts to impose significant financial penalties when a corporation abuses its dominance in the marketplace.
We have seen this movie before. Defendants in big European antitrust cases have made the same arguments, and they argued, again like Google today, that the antitrust authorities just don't get it, and that the remedy they demand cannot be implemented without causing technical and market chaos.
My sense is that an antitrust exemption would be difficult to grant given the experience with Major League Baseball and Major League Baseball's led to an arms race of different sorts. So I've seen that experience, and I'm not thrilled with it, i just believe an antitrust exemption is going to be a very high bar.
Whether it ends up being an antitrust investigation or not, the public is going to expect that the government is now really taking charge of everything people are worried about. ... If we don't get antitrust action, I think there'll be increased pressure for doing something else.
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"antitrust." Definitions.net. STANDS4 LLC, 2023. Web. 4 Dec. 2023. <https://www.definitions.net/definition/antitrust>.