Antitrust LawsFeedback.png


Definition

Federal antitrust policy (or antitrust laws) is set forth in four laws: the Sherman Antitrust Act, the Clayton Act, the Federal Trade Commission Act, and the Robinson-Patman Act. These laws are negative in character and outlaw restraints of trade, monopolizing, attempting to monopolize, unfair methods of competition, and, where they may substantially lessen competition or tend to create a monopoly, price discrimination, exclusive dealing, and mergers.[1]

References

  1. ^ American Marketing Association. AMA Dictionary.

NewComment.png
We welcome comments that will help us improve the precision and clarity of our definitions. To submit a suggestion, please click on the Add Discussion bar below.
Notes:
  • Comments are limited to registered users of this site. Click “Join” at the top right-hand side of this page to apply. If you are not a registered user, and you have a suggestion, please email registrar@themasb.org.
  • If you would like to suggest a new marketing definition or have a general comment, please visit our home page.
If you are not a registered user, and you have a suggestion for a new term or a comment on an existing term, please emailregistrar@themasb.org.