Електронний багатомовний

термінологічний словник

Electronic Multilingual Terminological Dictionary


Economics

Anti-competitive

1.Not allowing competition between companies, in a way that is not fair or breaks the law.
2.Any practice that reduces the degree of competition in a market. Anti-competitive practices include price fixing, dumping, regulations, and monopolization. Both governments and firms can be responsible for anti-competitive practices.
3.An anti-competitive practice is an action conducted by one or more businesses to make it difficult or impossible for other companies to enter or succeed in their market. The market distortion resulting from anti-competitive practices can result in higher prices, poorer service and a stifling of innovation, among other effects.

Sources:

Cambridge Business English Dictionary. Cambridge University Press, Retrieved from: https://dictionary.cambridge.org/dictionary/english/anti-competitive

Anti-competitive practice. Oxford Reference. Retrieved from: https://www.oxfordreference.com/display/10.1093/oi/authority.20110803095416604

Wigmore, I. (2019). What is anti-competitive practice? | Definition from TechTarget. WhatIs. Retrieved from: https://www.techtarget.com/whatis/definition/anti-competitive-practice

Part of speech Noun
Countable/uncountable Uncountable
Type Abstract
Gender Neutral
Case Attributive