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Anti-Competitive

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Anti-Competitive
A practice intended to subvert or eliminate competition. Many analysts believe competition is good for customers because it encourages companies to offer better quality products and/or lower prices. Anti-competitive measures, like price fixing or collusion, remove this incentive and thereby hamper innovation and growth. Many countries have laws banning or limiting anti-competitive activities, though opponents, notably Ayn Rand and her followers, argue that they encourage economic inefficiency and punish success.
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Anti-competitive agreements become void and unenforceable, with the parties facing significant fines - up to 10% of turnover - together with damages claims and the inevitable adverse publicity.
UK property sector now subject to full rigour of competition law; ... by Daily Post (Liverpool, England)
With Telstra being its wholesaler and largest competitor, iiNet has branded the move anti-competitive .
Australia : iiNet disgruntled over BigPond price cuts by TendersInfo
The European operations of Lear Corp are under investigation for anti-competitive practices among automotive suppliers, the Michigan-based company said Thursday.
Lear targeted by EU in anti-trust investigation by AFP / AFP American Edition
 
 
 
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