Definition of Antitrust:
No-confidence laws are regulations that encourage competition, limiting the market power of certain companies. This usually involves ensuring that mergers and acquisitions do not over-concentrate or monopolize market power, as well as eliminating companies that have become monopolies. No-confidence laws prevent companies from conspiring or forming cartels to limit competition through methods such as pricing. Due to the complexity of deciding how limited the competition is, distrust has become an independent legal feature.
- No-confidence laws must protect and promote fair competition in all sectors of the economy.
- The Sherman Act, the Federal Trade Commission Act and the Clayton Act are three important laws in the history of no-confidence regulations.
- Currently, the Federal Trade Commission, sometimes working with the Department of Justice, is responsible for enforcing federal no-confidence laws.
Meanings of Antitrust
About laws that prevent or control trusts or other monopolies to stimulate competition in the economy.
Sentences of Antitrust
It was the first intergovernmental trust to legislate a no-confidence motion.