antitrust enforcement
/ænˈtraɪst ɛnˈfɔrsmənt/ · an·trus·t en·for·ment
noun
- The process of enforcing laws and regulations that prohibit monopolistic practices and promote competition in a market. The government's antitrust enforcement agency launched an investigation into the tech giant's alleged monopolistic behavior.
noun
- The agency or department responsible for enforcing antitrust laws and regulations. The antitrust enforcement division of the Department of Justice is tasked with investigating and prosecuting antitrust cases.
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Did you know? The Sherman Antitrust Act of 1890, which led to the development of antitrust enforcement, was the first federal law to prohibit monopolies and promote competition in the United States.