Anti-Monopoly Policy

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Anti-Monopoly Policy

Any law or policy intended to oppose monopolies and other anti-competitive organizations or practices. Anti-monopoly policies are intended to regulate the market share an individual company can have in order to enforce competition. Proponents of anti-monopoly policies believe the added competition benefits the consumer, while opponents, notably Ayn Rand, argue that they encourage economic inefficiency and punish success. See also: Sherman Act, Clayton Act.