antitrust law

antitrust law definition - legal

n

The body of law, primarily consisting of federal statutes, designed to promote free competition in trade and commerce by outlawing various practices that restrain the marketplace. See also Clayton Act and Sherman Antitrust Act.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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