Divestiture

{
  "id": "MLC-T-LAW-001692",
  "term": "Divestiture",
  "field": "Law",
  "definition": "The act of selling off subsidiary business interests or assets, often mandated by government regulators to prevent monopolies or reduce market concentration. This action aims to restore competition in a market where a merger or acquisition might otherwise create an anti-competitive environment. Antitrust laws, such as the Sherman Act, provide the legal basis for such mandates.",
  "url": "https://mlchart.com/terminology/law/divestiture/"
}