divestiture
Defined in 2 dictionaries — Case Law, Ballentine's (1916)
Definitions from Case Law
From 334 U.S. 110 - Schine Chain Theatres, Inc. v. United States · 1948Most cited · 641 citing opinions
To require divestiture of theatres unlawfully acquired is not to add to the penalties that Congress has provided in the antitrust laws. Like restitution it merely deprives a defendant of the gains from his wrongful conduct. It is an equitable remedy designed in the public interest to undo what could have been prevented had the defendants not outdistanced the government in their unlawful project.
Ballentine's Law Dictionary
James A. Ballentine · 1916
The surrender of a right or title.