fair competition rules
[fer kəm'pɪtɪʃən rulz]
noun phrase
regras de concorrência leal
1. Established regulations and guidelines designed to ensure honest, ethical business practices and prevent unfair advantages in competitive markets
The company was fined for violating fair competition rules by engaging in predatory pricing.
A empresa foi multada por violar as regras de concorrência leal ao praticar preços predatórios.
2. Legal standards that prohibit monopolistic practices, collusion, price-fixing, and other anticompetitive behaviors
Fair competition rules protect smaller businesses from being driven out by larger corporations.
As regras de concorrência leal protegem pequenas empresas de serem eliminadas por corporações maiores.
In Brazil, fair competition rules are enforced by CADE (Conselho Administrativo de Defesa Econômica). In the USA, enforcement falls to the FTC (Federal Trade Commission) and DOJ (Department of Justice). Both countries emphasize protecting small and medium enterprises from monopolistic practices, reflecting cultural values around entrepreneurship and market democracy.
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