antitrust prohibition
[ˌæntiˈtrʌst proʊˈhɪbɪʃən]
nounpl: antitrust prohibitions
proibição antitruste
1. A legal restriction or ban imposed by government to prevent monopolistic practices, unfair competition, or the formation of cartels that restrict market competition
The antitrust prohibition prevents companies from engaging in price-fixing agreements.
A proibição antitruste impede que as empresas celebrem acordos de fixação de preços.
2. A specific regulation or statute that forbids certain business practices deemed harmful to free market competition
The Sherman Act contains several antitrust prohibitions against monopolistic conduct.
A Lei Sherman contém várias proibições antitruste contra condutas monopolistas.
In the United States, antitrust prohibitions are primarily enforced through the Sherman Act (1890) and Clayton Act (1914), with the Federal Trade Commission and Department of Justice overseeing compliance. In Brazil, antitrust prohibition is governed by Law 12,529/2011 and enforced by CADE (Conselho Administrativo de Defesa Econômica). These prohibitions are fundamental to maintaining competitive markets and protecting consumers from predatory business practices in both countries.
Related Idioms & Phrases
violate antitrust prohibitions
enforce antitrust prohibitions
exempt from antitrust prohibition
subject to antitrust prohibition
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