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Antitrust Law

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
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.


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Apple, Genentech and other firms violated antitrust laws by negotiating the recruiting and hiring of one another's employees.
Apple, Genentech and other firms violated antitrust laws by negotiating the recruiting and hiring of one another's employees.
9781604565126 New business issues; taxation, executive compensation and antitrust laws.
 
 
 
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