antitrust legislation

Cultural  

1. Laws passed in the United States, especially between 1890 and 1915, to prevent large business corporations, called trusts, from combining into monopolies to restrict competition. The laws were instituted to encourage free enterprise. (See also trust busting.)

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The enforcement of antitrust laws has been inconsistent.

Although the Bell Telephone system was declared a monopoly and forced to break up, huge corporations continue to merge.

Example Sentences

Reacting to this concentration of wealth and power, a progressive movement emerged, advocating for new public “institutional” stabilizers like labor rights, women's suffrage, estate taxation, social security, antitrust legislation and effective regulation.

From Salon

The outlook for antitrust journalism legislation is bleak in the U.S., but it’s not the end of the world for all Western antitrust legislation.

From Washington Times

The European Union is working on implementing the Digital Markets Act, which is antitrust legislation aimed at reining in the business practices of “gatekeeper” tech companies such as Amazon, Apple, Alphabet’s Google and Meta Platforms.

From Seattle Times

Cicilline said in an interview that Congress’s failure to pass antitrust legislation last term was not the reason he’s leaving office.

From Washington Post

In June 2021, a bipartisan group of lawmakers introduced a package of antitrust legislation targeting tech giants including Amazon and Apple, which had retained Miller Strategies in 2019.

From New York Times