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 ?
Everyone here is afraid that a situation much worse than the 1990s is coming.
By the 1990s, businesses of every sort had been making substantial investments in computers and other high-tech capital goods for years.
CAUSE AND EFFECT: How did Supreme Court rulings in the 1990s influence the way local school districts pursued racial integration?
Sometime during the 1990s the persistence of the Moore's Law phenomenon produced computing hardware platforms of sufficient speed and memory to begin to implement the long-articulated vision.
Until the middle of the 1990s, North America was practically the only regional supplier of recovered paper and board onto world markets.
The 1990s were unkind to Thunder Bay, but the early 21st century has witnessed a stabilization of its economy and there are now prospects for solid future growth and development.
Throughout the 1990s, many automotive suppliers paid minimal attention to profitability and focused all of their energies on growth.
WASHINGTON -- The Fannie Mae Foundation today issued a Census Note that provides an early look at immigrant and native-born household, homeownership, and rental trends during the 1990s.
Controlling for a range of confounding effects, the authors find that the strong performance of productivity growth in the second half of the 1990s was in fact attributable to accelerating technical change, not to poor measurement or to temporary factors.
International records management was "born" during the 1990s and proceeded to evolve beyond the concept stage into real initiatives of global significance during and after this time.