formal10K+

Antitrust

UK //ˈæn.tɪ.trʌst//US //ˈæn.taɪ.trʌst//

Definition

Laws designed to promote competition and prevent monopolies in business.

In simple words: Laws to stop companies from harming competition.

Examples

  • The government filed antitrust charges against the tech giant.
  • Antitrust regulations are vital for a healthy economy.
  • The aim of antitrust initiatives is to protect consumer choices.
  • She studied antitrust cases to understand market competition better.

Usage notes

Used in legal and economic contexts. It's often appropriate when discussing business regulations but not in everyday conversation.

Grammar pattern

antitrust + object

Memory hint

Think of 'anti' against and 'trust' as a group of companies. They are against monopoly power.

Collocations

  • antitrust laws
  • antitrust policy
  • antitrust regulations

Synonyms

  • competition law
  • antimonopoly law
  • regulatory law

Common mistakes

  • Confused with 'anti-competitive', which refers to actions that harm competition.
  • Misusing in contexts unrelated to corporate regulations, like personal disputes.