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antitrust law

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.04 sec.
antitrust law
Government Legislation that limits the ability of organizations or groups of individuals to monopolize a service–or product, thereby controlling and restricting free trade. See Safe harbor rules.


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a for-profit arm of the Faithful Central Bible Church, claims violations of antitrust law, breach of contract and unfair business practices, and seeks $5 million for lost revenue from potential bookings.
Mealey said the title is designed to help legal counsel stay current with the latest developments in antitrust law and avoid breaking antitrust rules and regulations and the associated court costs and punitive consequences.
In addition to the Compact Clause, CEI says, the MSA violates federal antitrust law, bankruptcy law (by giving the states privileged status as creditors), the Federal Cigarette Labeling and Advertising Act (by regulating cigarette advertising and promotion, an area the law reserves to Congress), and the First Amendment (by restricting advertising and lobbying).
 
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