Antitrust

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Related to Anti Trust: Antitrust laws, antitrust cases, Sherman Antitrust Act

Antitrust

Opposing trusts, monopolies, and other organizations or practices deemed to be anti-competitive. Antitrust especially refers to opposition to price-fixing contracts, price discrimination, and tying. Proponents of antitrust laws believe they increase competitions, while opponents, notably Ayn Rand, argue that they encourage economic inefficiency and punish success. See also: Sherman Act, Clayton Act.