competition regulation
/ˌkɒmpəˈtɪʃən ˌrɛɡjʊˈleɪʃən/ · com·pli·tion re·gu·lation
noun
- The set of laws, rules, or guidelines that govern competitive practices among businesses, ensuring fair competition. The European Union's competition regulation aims to prevent monopolistic behavior.
Synonyms
antitrust lawcompetitive lawmarket regulationfair competition rulesbusiness competition rulescompetition policy
Antonyms
Did you know? The phrase "competition regulation" was popularized by the European Commission's 2004 Directive on the application of competition law, which sought to harmonize antitrust enforcement across member states.