Definition: The word "antimonopoly" refers to a situation where one firm controls or monopolizes a market, effectively controlling most of its supply or output. This form of market control is often characterized by strong price discrimination, lack of competition, and concentration in a single company or group of companies. Definition: Antimonopolism occurs when a dominant entity holds significant power over the market or markets for goods or services. Antimonopoly laws are used to combat it through government regulations and legal action, such as price fixing bans or fines for breaking antimonopoly rules.
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