Definition
Anticompetition Definition
Anticompetition refers to practices, behaviors, or actions that hinder or undermine fair competition in markets. It encompasses activities such as collusion, price fixing, market allocation, abuse of market power, and other strategies aimed at limiting or eliminating competition. Anticompetitive conduct harms consumer welfare, stifles innovation, and distorts market dynamics. It is typically regulated and prohibited by antitrust or competition laws to ensure a level playing field, promote market efficiency, and protect the interests of consumers and businesses.
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