Definition of Antitrust
a law against trusts and monopolies, designed to promote competition in business
Examples of Antitrust in a sentence
Antitrust laws are in place to prevent companies from having a monopoly on any good or service. 🔊
A trust is when businesses work together to ensure a mutual monopoly on a certain product, which is why the counter legislation is called an antitrust law. 🔊
An antitrust law would prevent a provider of electronics from only selling its goods to Best Buy or any one particular store. 🔊
The reason antitrust laws were first invented was to prevent massive companies from having a monopoly on major materials like oil and steel. 🔊
An antitrust law prohibits one company from owning everything, so that new companies and growing ones have a chance to succeed as well. 🔊
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