Definitions for antitrust case
an·titrust case

Princeton's WordNetRate this definition:0.0 / 0 votes

1. antitrust casenoun

   a legal action brought against parties who are charged with limiting free competition in the market place

WikipediaRate this definition:0.0 / 0 votes

1. antitrust case

   In the United States, antitrust law is a collection of mostly federal laws that regulate the conduct and organization of businesses to promote competition and prevent unjustified monopolies. The three main U.S. antitrust statutes are the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. These acts serve three major functions. First, Section 1 of the Sherman Act prohibits price fixing and the operation of cartels, and prohibits other collusive practices that unreasonably restrain trade. Second, Section 7 of the Clayton Act restricts the mergers and acquisitions of organizations that may substantially lessen competition or tend to create a monopoly. Third, Section 2 of the Sherman Act prohibits monopolization.Federal antitrust laws provide for both civil and criminal enforcement. Civil antitrust enforcement occurs through lawsuits filed by the Federal Trade Commission, the United States Department of Justice Antitrust Division, and private parties who have been harmed by an antitrust violation. Criminal antitrust enforcement is done only by the Justice Department's Antitrust Division. Additionally, U.S. state governments may also enforce their own antitrust laws, which mostly mirror federal antitrust laws, regarding commerce occurring solely within their own state's borders. The scope of antitrust laws, and the degree to which they should interfere in an enterprise's freedom to conduct business, or to protect smaller businesses, communities and consumers, are strongly debated. Some economists argue that antitrust laws actually impede competition, and may discourage businesses from pursuing activities that would be beneficial to society. One view suggests that antitrust laws should focus solely on the benefits to consumers and overall efficiency, while a broad range of legal and economic theory sees the role of antitrust laws as also controlling economic power in the public interest. A survey of 568 member economists of the American Economic Association (AEA) in 2011 found a near-universal consensus, in that 87 percent of respondents broadly agreed with the statement "Antitrust laws should be enforced vigorously."

ChatGPTRate this definition:0.0 / 0 votes

1. antitrust case

   An antitrust case refers to a legal proceeding that involves alleged violations of antitrust laws, which are regulations enacted to prevent and control monopolistic business practices, abuse of market dominance, anti-competitive behavior, and to promote and ensure competition in markets. The aim is to protect consumer welfare and promote economic efficiency. Antitrust cases can be initiated by both government regulatory bodies and private parties.

Matched Categories

1. • Law
   • Legal Action

How to pronounce antitrust case?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say antitrust case in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of antitrust case in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of antitrust case in Pythagorean Numerology is: 8

Examples of antitrust case in a Sentence

1. Amy Ray:

   Any enforcer or litigant will need to navigate U.S. monopolization law as it stands, which has rarely been done successfully since the Microsoft antitrust case.

2. Patrick Coughlin:

   We're pretty excited, even if manipulation took place in another market, if it were directed toward our clients' markets and inflated the price of aluminum there, we should be able to bring an antitrust case.

3. Viveca Novak:

   Google's big spending in Washington could be meant in part to rally Congress and the White House to come to its defense in the face of the EU's antitrust case against the company, it needs allies, the more prominent the better -- and it also wants to stave off any similar government inquiries stateside.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=antitrust case
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Antitrust_Case
3. ^ ChatGPT
   https://chat.openai.com