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What is Antitrust

Achieving Full Realization and Mitigating the Challenges of the Internet of Things
A legislation against trusts or combinations. It is a body of laws which are enacted to protect trade and commerce from unlawful restraint and monopolies or unfair business practices.
Published in Chapter:
The Internet of Things: Legal Realities
Theophilus Aigbogun (Marcus-Okoko & Co., Nigeria)
DOI: 10.4018/978-1-7998-9312-7.ch009
Abstract
The technology space has seen the emergence of several buzzwords, including but not limited to artificial intelligence, big data, the internet of things, and robotics. This chapter seeks to discuss the concept of the internet of things and break the very gigantesque details into understandable bits. It examines the concept of the internet of things from the standpoint of a legal practitioner who is practicing in any given jurisdiction and talks about the legal issues that attend the internet of things. Due to the fact that the internet of things refer to the interconnectivity of devices, the legal issue of data privacy and protection is discussed. Other issues like antitrust and ‘who-bears-liability' are also equally discussed. A brief insight is equally given along the lines of how these legal issues preclude the smooth rolling out of these technologies in cross-border terms and how industry players are attempting to deal with the issues.
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Student-Athletes as Change Agents
Legislation that prohibits monopolies or business trusts the ability to control the marketplace.
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