Antitrust legislation
ant-trust legislation
laws p-ssed in the united states, especially between 1890 and 1915, to prevent large business corporations, called trusts, from combining into monopolies to restrict compet-tion. the laws were inst-tuted to encourage free enterprise. (see also trust busting.)
note: the enforcement of ant-trust laws has been inconsistent.
note: although the bell telephone system was declared a monopoly and forced to break up, huge corporations continue to merge.
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