Explanation:
The main element of antitrust law is to promote fair competition and prevent monopolistic practices in the marketplace. Antitrust laws aim to protect consumers from anti-competitive behavior by prohibiting activities such as price-fixing, bid-rigging, market allocation schemes, and other unfair business practices that could harm competition. These laws also regulate mergers and acquisitions to ensure they do not result in a significant reduction of competition in a particular market. Overall, the primary goal of antitrust laws is to maintain a level playing field for businesses and safeguard consumer welfare.
Answer:
adjective
(of legislation, chiefly in the US) preventing or controlling trusts or other monopolies, and so promoting fair competition in business.
1.the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties:
"shooting the birds is against the law"
Similar
rules and regulationssystem of lawsbody of lawsconstitution
Opposite
anarchy
2.a rule defining correct procedure or behaviour in a sport:
"the laws of the game"
1. an essential or characteristic part of something abstract:
"the death had all the elements of a great tabloid story"
