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Simple English definitions for legal terms

active supervision

Read a random definition: loss carryforward

A quick definition of active supervision:

Active supervision is a rule that says when a private company is doing something that might hurt competition, the government has to make sure it's okay. This is because the private company might be doing it just to help themselves, not because it's good for everyone. The government has to make sure that the private company is doing it for the right reasons. This is called active supervision.

A more thorough explanation:

Active supervision is a term used in antitrust law to refer to the right of the state to review and disapprove anticompetitive acts of private entities that do not promote state policy. This is important because private parties may act in their own interests rather than the interests of the state, and the state wants to ensure that only anticompetitive acts that further state regulatory policies are allowed.

For example, if a group of private hospitals in a state decide to collude and fix prices for medical services, the state may review their actions and disapprove of them if they do not promote state policy. The state may require the hospitals to stop their anticompetitive behavior and impose penalties if they do not comply.

Another example is if a group of private schools in a state decide to form a cartel and agree to charge the same tuition fees, the state may review their actions and disapprove of them if they do not promote state policy. The state may require the schools to stop their anticompetitive behavior and impose penalties if they do not comply.

In both examples, the state is exercising active supervision over the anticompetitive behavior of private entities to ensure that they are not acting in their own interests but in the interests of the state and its regulatory policies.

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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