antitrust legislation

noun

Meaning

Laws designed to prevent monopolies and promote fair competition by prohibiting practices that restrain trade.

Examples

  • The company faced a massive lawsuit for violating federal antitrust legislation.
  • Economists often argue that stronger antitrust legislation is necessary to curb the power of massive tech conglomerates.

Synonyms: competition law, fair trade laws, anti-monopoly laws, antitrust statutes