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What is Antitrust?

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In my previous post, I talked about Google vs. Microsoft and how Microsoft's bid for Yahoo might cause them to face antitrust issues again. But what is antitrust? I don't know how to explain it in simpler terms but antitrust is a law that seeks to regulate business competition. It exists to lessen if not eliminate monopolies (one company has exclusive possession or control over a market of products or services). Microsoft was accused of monopolizing the PC operating system market. They were also accused of monopolizing the Internet Browser market because they bundled Internet Explorer with their Windows operating system. I don't know what this recent unsolicited action would lead them. Antitrust lawsuit for monopolizing the Internet market? There is a great possibility.
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