Agency Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Agency, written in plain English, along with examples of how it is used.

What is Agency?

n. antitrust or competition laws are laws which prohibit anti-competitive or unfair business practices. The term “antitrust” derives from the U.S. law which was originally formulated to combat “business trusts”. Most antitrust activity affects such areas as, Bid rigging, Monopolization and oligopolization, Price fixing, Tying