IPA: /ˌænti.kəmˈpɛtɪtɪv/
KK: /ˌæntiˈkɒmpəˌtɪtɪv/
Describing actions or practices that prevent or reduce competition between businesses.
The new law aims to eliminate anticompetitive practices in the market.
Anticompetitive is formed from "anti-" (meaning against) and "competere" (meaning to strive together or compete). The word describes actions or practices that are against competition, often leading to monopolistic behavior.
Think of being 'against' ('anti-') competition ('competere') — that's why 'anticompetitive' refers to actions that hinder competition.