
Anti-Trust Exemption
An anti-trust exemption is a legal exception that allows certain organizations or activities to bypass specific anti-competition laws. These laws are designed to promote fair competition and prevent monopolies. When an exemption is granted, it means these entities can cooperate or operate in ways that would normally be illegal under anti-trust regulations, but because of their special status or purpose, their actions are permitted. Such exemptions are often granted to promote public interests or advance industry-specific objectives, balancing regulation with specific economic or social benefits.