Difference between revisions of "Antitrust law"
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==Definition== | ==Definition== |
Latest revision as of 03:43, 31 May 2020
An antitrust law is any law that gives government the power to block certain mergers, and even in some cases, to break up large firms into smaller ones.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Antitrust laws. Laws that give government the power to block certain mergers, and even in some cases, to break up large firms into smaller ones.