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Department of Justice
Department of Justice definition - finance
A government agency that, along with the Federal
Trade Commission, administers antitrust laws. Both agencies work together on
antitrust matters, including holding joint hearings. Under the Hart-Scott
Rodino Act, passed in 1976, both the Federal Trade Commission and the
Department of Justice review
merger agreements for deals above $50
million in order to prevent potential anti-
competitive harm to individuals and businesses. If the agencies decide to sue a company for unfair trade practices, the Department of JusticeÂ’s lawyers in the Antitrust Division try the case. The Department of Justice also handles issues such as fraud, civil rights, personal safety, and prison issues.
competitive harm to individuals and businesses. If the agencies decide to sue a company for unfair trade practices, the Department of JusticeÂ’s lawyers in the Antitrust Division try the case. The Department of Justice also handles issues such as fraud, civil rights, personal safety, and prison issues.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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