Conclusion
Anti-monopoly is a term that has gained significant importance in recent times, especially in the business world. It refers to the measures taken to prevent or reduce the concentration of economic power in the hands of a few dominant players. The concept of anti-monopoly is aimed at promoting competition, protecting consumers, and ensuring a level playing field for all market players.
Definitions
Anti-monopoly refers to the set of laws, regulations, and policies that are designed to prevent the formation of monopolies or to break up existing monopolies. This term is often used in the context of economic regulation, where it is used to describe the measures taken by governments to promote competition and prevent the abuse of market power by dominant players.
Origin
The concept of anti-monopoly can be traced back to the late 19th century when the United States government passed the Sherman Antitrust Act in 1890. This law was aimed at preventing the formation of monopolies and promoting competition in the market. Since then, many countries have enacted similar laws and regulations to prevent the abuse of market power by dominant players.
Meaning in different dictionaries
According to the Oxford English Dictionary, anti-monopoly refers to the “opposition to the formation or existence of monopolies.” The Merriam-Webster dictionary defines it as “opposition to or regulation of monopolies.”
Associations
Anti-monopoly is often associated with the promotion of competition, consumer protection, and the prevention of market power abuse. It is also associated with the idea of a level playing field, where all market players have an equal opportunity to compete.
Synonyms
Some synonyms of anti-monopoly include:
- Competition policy.
- Fair competition.
- Pro-competition.
- Anti-cartel.
Antonyms
Some antonyms of anti-monopoly include:
- Monopoly.
- Oligopoly.
- Cartel.
- Market power.
- Concentration of economic power.
The same root words
The root word of anti-monopoly is “monopoly,” which refers to the exclusive possession or control of a commodity or service. Other words that share the same root include:
- Monopolist.
- Monopolize.
- Monopolization.
- Monopolistic.
Example Sentences
- The government’s anti-monopoly policies have helped to promote competition and protect consumers.
- The company was fined for violating anti-monopoly laws by engaging in anti-competitive practices.
- The anti-monopoly commission is responsible for enforcing the country’s competition policy.
- The company’s monopolistic practices have been criticized by anti-monopoly activists.
- The government’s anti-monopoly measures have been effective in preventing the abuse of market power by dominant players.
In conclusion, anti-monopoly refers to the measures taken to prevent or reduce the concentration of economic power in the hands of a few dominant players. It is aimed at promoting competition, protecting consumers, and ensuring a level playing field for all market players. The concept of anti-monopoly has gained significant importance in recent times, and many countries have enacted laws and regulations to prevent the abuse of market power by dominant players.