What does antitrust law mean?
Definitions for antitrust law
an·titrust law
This dictionary definitions page includes all the possible meanings, example usage and translations of the word antitrust law.
Princeton's WordNet
antitrust legislation, antitrust lawnoun
law intended to promote free competition in the market place by outlawing monopolies
ChatGPT
antitrust law
Antitrust law refers to the set of legal statutes aimed at promoting competition and ensuring that businesses are operating fairly. These laws work to prevent practices that might restrain trade, suppress the formation of monopolies, control price-fixing conspiracies, or influence any other form of market manipulation. Antitrust laws are primarily enforced in order to protect the interests of consumers and maintain balanced and competitive business environments.
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Numerology
Chaldean Numerology
The numerical value of antitrust law in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of antitrust law in Pythagorean Numerology is: 7
Examples of antitrust law in a Sentence
Antitrust law requires proving three key elements : The first is market power. The second is abuse of market power. And the third is consumer harm.
That is why we have antitrust law, the case challenged the fact that Apple charges a high commission to app developers, which indirectly harms consumers, Supreme Court held that because consumers interface directly with Apple they could sue.
Translations for antitrust law
From our Multilingual Translation Dictionary
- நம்பிக்கையற்ற சட்டம்Tamil
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"antitrust law." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/antitrust+law>.
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