Monopolization is a concept of US antitrust law, which refers to an offense under Section 2 of the American Sherman Antitrust Act 1890. It has a specific legal meaning, which is parallel to the abuse of a dominant position in EU competition law, under TFEU article 102. The Sherman Act 1890 ยง2 states that any person who shall monopolize . . . any part of the trade or commerce among the several states, or with foreign nations shall be deemed guilty of a felony. Section 2 also forbids attempts to monopolize and conspiracies to monopolize. Generally this means that corporations may not act in ways that have been identified as contrary to precedent cases. The main categories of prohibited behavior include exclusive dealing, price discrimination, refusing to supply an essential facility, product tying and predatory pricing.
Monopolated
Similar Words
What is Define Dictionary Meaning?
Define Dictionary Meaning is an easy to use platform where anyone can create and share short informal definition of any word.
Best thing is, its free and you can even contribute without creating an account.
This page shows you usage and meanings of Monopolated around the world.
Best thing is, its free and you can even contribute without creating an account.
This page shows you usage and meanings of Monopolated around the world.
