Antitrust Law

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Antitrust Law

Any law opposing trusts, monopolies, and other organizations or practices deemed to be anti-competitive. Antitrust laws especially refer to laws forbidding price-fixing contracts, price discrimination, and tying. Proponents of antitrust laws believe they increase competition, while opponents, notably Ayn Rand, argue that they encourage economic inefficiency and punish success. See also: Sherman Act, Clayton Act.
References in periodicals archive ?
Among such factors are: general economic and business conditions; demand for WCI Steel's products; changes in liquidity, timing of completion of the acquisition, changes in, or the failure or inability to comply with, government regulation, including, without limitation, anti-trust legislation and environmental regulations; the outcome of legal matters and other risk factors.
The anti-trust legislation was approved despite heavy lobbying from the executives of the affected companies.
The trend was so pronounced as to provoke major public concern that led, in turn, to the adoption of serious anti-trust legislation which forced companies to be more responsible to share-holders and to evolve more transparent styles of accounting, ownership, and management.
Weiner will offer his views in a general discussion about repealing the federal law passed in 1945 that partially exempts insurance companies from federal anti-trust legislation.
MONTERREY, Mexico -- RMC and CEMEX (NYSE:CX) are pleased to announce that the US anti-trust authorities have cleared the Acquisition under the applicable US anti-trust legislation.