🇩🇪German Source WordCode: DE

Wettbewerbsrecht

Pronunciation / Transliteration: ˈvɛtˌbeːvɐsʁɛçt

🇬🇧 Direct English Meaning:
Competition law/ˌkɒm.pəˈtɪʃ.ən lɔː/
nounCEFR C1 (Advanced)Top #14500 frequency
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🇩🇪 Example Sentence in German:

"Das Kartellamt überwacht die Einhaltung des Wettbewerbsrechts."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A branch of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies.

    "The European Commission fined the tech giant for violating competition law."
  2. 2

    Legal regulations designed to prevent monopolies, price-fixing, and cartels in order to protect consumer welfare.

    "Mergers of large corporations are strictly scrutinized under national competition law."

Thesaurus & Semantic Spectrum

Linguistic Origin & Historical Etymology

The term combines 'competition', derived from the Latin 'concurrentia' (from 'concurrere', meaning to run together or contend), and 'law', from Old English 'lagu', denoting something laid down or fixed. It emerged as a distinct legal and economic discipline in the late 19th and 20th centuries, notably with the passage of the Sherman Antitrust Act in the United States, to regulate market monopolies and ensure fair trade practices.

Quick Vocabulary Retention Check

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10 Global Lexicons: How "Competition law" is said worldwide

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🇫🇷French → English

droit de la concurrence

Transliteration: drwa də la kɔ̃.ky.ʁɑ̃s

"Les entreprises doivent respecter le droit de la concurrence."

🇩🇪German → English

Wettbewerbsrecht

Transliteration: ˈvɛtˌbeːvɐsʁɛçt

"Das Kartellamt überwacht die Einhaltung des Wettbewerbsrechts."

🇮🇹Italian → English

diritto della concorrenza

Transliteration: diˈrit.to delˈla koŋ.korˈrɛn.t͡sa

"La violazione del diritto della concorrenza comporta sanzioni severe."

🇪🇸Spanish → English

derecho de la competencia

Transliteration: deˈɾe.tʃo de la kom.peˈten.sja

"El derecho de la competencia protege a los consumidores contra los monopolios."

🇵🇹Portuguese → English

direito da concorrência

Transliteration: diˈɾej.tu dɐ kõ.kuˈɾẽ.sɐ

"O direito da concorrência regula o mercado para evitar abusos."

🇮🇳Hindi → English

प्रतिस्पर्धा कानून

Transliteration: pratispardhā kānūn

"प्रतिस्पर्धा कानून बाजार में निष्पक्ष व्यापार सुनिश्चित करता है।"

🇨🇳Chinese → English

竞争法

Transliteration: jìngzhēng fǎ

"该企业因违反竞争法而受到调查。"

🇰🇷Korean → English

경쟁법

Transliteration: gyeongjaengbeop

"공정거래위원회는 경쟁법을 집행하는 기관입니다."

🇯🇵Japanese → English

独占禁止法

Transliteration: dokusen kinshihō

"企業結合は独占禁止法によって規制されます。"

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