Competition Policy
/ˌkɒmpəˈtɪʃən ˈpɒlɪsi/
Definitions
- (n.) A set of laws and regulations designed to promote market competition and prevent anti-competitive behavior such as monopolies, cartels, and abuse of dominant position.
The government strengthened its competition policy to prevent monopolistic practices in the telecommunications sector.
Forms
- competition policy
Related terms
See also
Commentary
Competition policy integrates legal frameworks to preserve market fairness, often overlapping with antitrust law; clarity is important when drafting to distinguish regulatory scope and enforcement mechanisms.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.