Definition
Antitrust Definition
Antitrust refers to a set of laws and regulations designed to promote and protect fair competition in markets, prevent monopolistic practices, and safeguard consumer interests. These laws aim to prohibit anti-competitive behaviors such as price-fixing, collusion, bid-rigging, market allocation, and other practices that restrict competition. Antitrust laws also regulate mergers and acquisitions to prevent the creation of monopolies or dominant market positions that could harm competition and consumer welfare.
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