Definition from Nolo’s Plain-English Law Dictionary
Federal and state laws created to regulate trade and commerce by preventing unlawful restraints, price-fixing, and monopolies. The laws are intended to promote healthy market competition and encourage the production of quality goods and services at the lowest prices. The primary federal antitrust laws are the Sherman Act and the Clayton Act.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:11 pm