antitrust JUST WRITTEN FOR YOU
/ænˈtraɪst/ · an·trus·t
adjective
- 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.
noun
- A policy or set of laws aimed at preventing monopolies and promoting competition. The company's antitrust practices were scrutinized by the government.
Did you know? The Sherman Antitrust Act of 1890, a landmark legislation in the United States, was the first federal law to prohibit monopolies and promote competition, paving the way for the development of antitrust policies worldwide.