antitrust legislation

Cultural Dictionary

antitrust legislation definition


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.)

Note: The enforcement of antitrust laws has been inconsistent.
Note: Although the Bell Telephone system was declared a monopoly and forced to break up, huge corporations continue to merge.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Antitrust legislation is always a great word to know.
So is bezoar. Does it mean:
a printed punctuation mark (‽), available only in some typefaces, designed to combine the question mark (?) and the exclamation point (!), indicating a mixture of query and interjection, as after a rhetorical question.
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
WordNet
antitrust legislation

noun
law intended to promote free competition in the market place by outlawing monopolies 
WordNet® 3.0, © 2006 by Princeton University.
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