Definition
Federal antitrust policy (or antitrust laws) is set forth in four laws: the Sherman Antitrust Act, the Clayton Act, the Federal Trade Commission Act, and the Robinson-Patman Act.
These laws are negative in character and outlaw restraints of trade, monopolizing, attempting to monopolize, unfair methods of competition, and where they may substantially lessen competition or tend to create a monopoly, price discrimination, exclusive dealing, or mergers.
An anti-competitive leasing arrangement is a lease that limits the type and amount of competition a particular retailer faces within a trading area or shopping center.
References
- American Marketing Association, AMA Dictionary.