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Antitrust Law
(redirected from antitrust legislation)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia 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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[ILLUSTRATION OMITTED] 4 MCCARRAN-FERGUSON ACT Insurance is one of the industries most carefully regulated by the states, but federal antitrust legislation threatened to alter those regulatory powers and the ability of the industry to gather and pool the historic loss data necessary to successfully underwrite risks.
10 events shape insurance industry by Honeyman, Susan R.A. / American Agent & Broker
IN THE BELTWAY WITH THE MCCARRAN-FERGUSON ACT, Signed in i945, Congress granted states a limited exemption from federal antitrust legislation, declaring that states would continue to regulate the insurance business.
Washington's watchdogs by Best's Review
For instance, historians and academics once thought that the United States effectively forced antitrust legislation on Japan after its World War II defeat, but Freyer offers evidence that Japanese policymakers were actively involved in the development of the antitrust regime.
Antitrust and Global Capitalism: 1930-2004 by Pool, Tyler S. / Stanford Journal of International Law
 
 
 
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