/ˌæntɪˈtrʌst ˈstætʃuːt/ – Phrase
Definition: (Mỹ) đạo luật chống độc quyền.
A more thorough explanation: Antitrust statutes are laws enacted to promote fair competition in the marketplace by prohibiting certain practices that restrain trade or create monopolies. These laws aim to protect consumers from anti-competitive behavior by businesses and promote a level playing field for all market participants.
Example: The company was found to be in violation of the antitrust statute for engaging in price-fixing activities with its competitors.