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> However, the term is used more generally to refer to laws designed to prevent companies from engaging in any kind of anti-competitive action – that is, do any
by littlestymaar 3y ago
> However, the term is used more generally to refer to laws designed to prevent companies from engaging in any kind of anti-competitive action – that is, do anything that would tend to artificially distort competition within a market.
> One common myth is that antitrust laws only apply to monopolies. This is very much not the case: They apply to any company large enough to have a dominant position in any market.