antitrust law

noun

Meaning

Legislation designed to promote market competition by regulating the conduct of companies and preventing monopolies or unfair business practices.

Examples

  • The company faced a lawsuit for violating antitrust law by forcing retailers to sell only their products.
  • Regulators are using antitrust law to investigate whether the tech giant is suppressing smaller competitors.

Synonyms: competition law, fair trade regulation, monopoly regulation, anti-monopoly legislation