Antitrust laws
Legislation established by the federal government to prevent the formation of monopolies and to regulate trade.
| antitrust laws Federal and state statutes designed to promote competition among businesses. Antitrust laws in the United States originated from the laissez-faire excesses that took place in the early 1900s. Effectiveness of antitrust laws is heavily dependent upon enforcement by the powers in charge  primarily the U.S. Justice Department. Thus, the success of antitrust laws has varied. See also Celler-Kefauver Antimerger Act, Clayton Act, Federal Trade Commission Act of 1914, Sherman Antitrust Act. |
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