Anti-Competitive

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Anti-Competitive

A practice intended to subvert or eliminate competition. Many analysts believe competition is good for customers because it encourages companies to offer better quality products and/or lower prices. Anti-competitive measures, like price fixing or collusion, remove this incentive and thereby hamper innovation and growth. Many countries have laws banning or limiting anti-competitive activities, though opponents, notably Ayn Rand and her followers, argue that they encourage economic inefficiency and punish success.
References in periodicals archive ?
(38) As such, the court examined whether Actavis engaged in any anticompetitive or exclusionary' conduct that would impede competition or coerce consumers.
Since 1943, certain forms of state government action have been immune from antitrust laws and, consequently, state legislatures are able to pass legislation with anticompetitive effects.
According to CCI, such anticompetitive ways in the air cargo industry undermine economic development of the country and ultimately act to the detriment of end consumers.
The FTC is concerned that granting COPAs to these entities would protect them against anticompetitive conduct.
Such barriers "may include contractual restrictions in distribution agreements that prevent retailers from selling goods or services purchased online or cross-border to customers located in another EU country." In a speech, Commissioner for Competition Margrethe Vestager gave the example of "geo-blocking," which prevents users from accessing content based on their geographic location, as one such potential anticompetitive barrier.
It is also crucial to protect against anticompetitive behaviour in public procurement as a healthy competition in the sector is essential to ensure that public money is used in an efficient and effective manner.
The Federal Trade Commission is also said to be probing Amazon and Facebook for anticompetitive practices.
The EU has opined that the crypto market is anticompetitive.
THREE weeks after widespread brownouts hit Luzon, various groups from the government and private sector await the results on the investigation of possible anticompetitive practices of power generation companies (GenCos).
state and local governments frequently adopt anticompetitive regulations
The Philippine Competition Commission (PCC) is set to probe 'anticompetitive' sectors in the manufacturing industry, specifically those that have a high impact on consumers.
The PCC is mandated to protect competition in the market and prohibit anticompetitive conduct, including mergers and acquisitions of businesses and companies that may substantially prevent, restrict or lessen competition.