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antitrust legislation
- Laws passed in the United States, especially between 1890 and 1915, to prevent large business corporations , called trusts , from combining into monopolies to restrict competition. The laws were instituted to encourage free enterprise . ( See also trust busting .)
Notes
Example Sentences
Reacting to this concentration of wealth and power, a progressive movement emerged, advocating for new public âinstitutionalâ stabilizers like labor rights, women's suffrage, estate taxation, social security, antitrust legislation and effective regulation.
In the 1970s, he backed efforts to use antitrust legislation against the television networks, which Nixon and his supporters perceived as biased against Republicans.
The outlook for antitrust journalism legislation is bleak in the U.S., but itâs not the end of the world for all Western antitrust legislation.
A bipartisan coalition of 11 senators is kickstarting a new push for antitrust legislation aiming at Big Tech companies over concerns that they are amassing monopoly power in the digital advertising market.
The European Union is working on implementing the Digital Markets Act, which is antitrust legislation aimed at reining in the business practices of âgatekeeperâ tech companies such as Amazon, Apple, Alphabetâs Google and Meta Platforms.
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