Competition law
Competition law, known in the
United States as antitrust law, has three main elements:It may prohibit agreements or practices that restrict free trading and competition between business entities. This includes in particular the repression of
cartels.It may ban abusive behaviour by a firm dominating a market, or anti-competitive practices that tend to lead to such a dominant position. Practices controlled in this way may include
predatory pricing,
tying,
price gouging,
refusal to deal and many others.It may supervise the
mergers and acquisitions of large corporations, including some
joint ventures. Transactions that are considered to threaten the competitive process can be prohibited altogether, or approved subject to "remedies" such as an obligation to divest part of the merged business or to offer licences or access to facilities to enable other businesses to continue competing.
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Anti-trust
an US term for legislation used to stop abuse of monopoly market position e.g. Micro-soft (UK is the Competition Commission).
Anti-trust
(USA) 'Anti-trust' legislation is designed to prevent businesses from price-setting or other secret collaboration which circumvents the natural forces of a free market economy and gives those engaging in the anti-trust conduct, a covert competitive edge. - (
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Anti-Trust
U.S. legislation, most popularized by the 'trust-busting' President Teddy Roosevelt administration, designed to prevent businesses from price-setting or other secret or illegal collaborations that circumvents the natural forces of a free market economy and gives those engaging in the anti-trust conduct a covert competitive edge. Also known as 'anti-combines' or 'competition' legislation.
Anti-trust
Anti-trust
(Econ) Chống lũng đoạn.+ Một cụm thuật ngữ của Mỹ chỉ hệ thống pháp luật nhằm kiểm soát sự tăng trưởng quyền lực đối với thị trường của các hãng. Cụm thuật ngữ này không chỉ liên quan tới chính sách chống độc quyền mà cả các hoạt động kìm hãm của các hãng riêng lẻ, các nhóm công ty hợp nhất (Tờrớt) và nhóm các công ty cộng tác (Catel).
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