Antitrust - Law Dictionary Search Results
antitrust
Matched in: Term antitrust
restraint of trade
and commerce as it would be if left to the control of natural and economic forces [the Sherman Antitrust Act declared every contract, combination, and conspiracy in restraint of trade to be illegal] ;also : the means
monopoly
and that esp. is developed willfully rather than as the result of superior products or skill see also antitrust Sherman Antitrust Act in the Important Laws section 2 : one that has a monopoly
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reciprocal dealing
reciprocal dealing : an arrangement violative of antitrust laws in which a party with greater economic power agrees to buy a product from a seller if
vertical agreement
affects competition compare horizontal agreement NOTE: Unlike horizontal agreements, vertical agreements are not considered illegal per se under antitrust laws, but they must withstand judicial scrutiny to be held valid.
tying
of or being the product that will not be sold without the other NOTE: A tying arrangement violates antitrust laws.
trustbuster
trustbuster : one and esp. a federal officer who seeks to break up trusts by prosecution under the antitrust laws trust-bust·ing [-ti] n
trust
means ;esp : one that reduces competition or is thought to present a threat of reducing competition compare antitrust 3 a : a charge or duty imposed in faith or confidence or as a condition of some
state action
: state efforts to displace competition with regulation or a state-supervised monopoly NOTE: Such efforts are immune from antitrust liability.
rule of reason
per se rule NOTE: The rule of reason does not apply to per se violations of the Sherman Antitrust Act.
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