From Wikipedia, the free encyclopedia.
Antitrust or Competition laws legislate against trade practices which undermine competitiveness or are considered to be unfair. The term antitrust derives from the US law which was originally formulated to combat business trusts - now commonly known as cartels.
Most anti-trust activity can be classified in the following areas:
Alabama became the first U.S. state to enact an antitrust law on February 23, 1883.