restraint of trade
- In antitrust law, any activity (e.g., agreements among competitors) that tends to limit trade, sales and competitiveness in interstate commerce. Some state laws also forbid local restraints on competitive business activity.
Business law dictionary. 2015.
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restraint of trade — 1: an act, fact, or means of curbing the free flow of commerce or trade covenant not to compete with an employer after leaving is in restraint of trade and must be reasonable to be enforced 2: an attempt or intent to eliminate or stifle… … Law dictionary
restraint of trade — ► COMMERCE an illegal agreement that damages someone s ability to do business: »Any contract which interferes with the free exercise of his trade or business is a contract in restraint of trade. → See also PRICE RESTRAINT(Cf. ↑price restraint),… … Financial and business terms
restraint of trade — n. interruption of the free movement of goods in commerce; restriction or prevention of business competition, as by monopoly, price fixing, etc … English World dictionary
Restraint of trade — Contract law Part o … Wikipedia
restraint of trade — Combinations and practices interfering unreasonably with the normal production and supply of commodities by the suppression of competition therein, or by other means; an instrument of monopoly. 36 Am J1st Monop etc § 2. A contractual restriction… … Ballentine's law dictionary
restraint of trade — action tending to interrupt the free flow of goods and services, as by price fixing and other practices that have the effect of reducing competition. [1885 90] * * * Preventing of free competition in business by some action or condition such as… … Universalium
restraint of trade — Synonyms and related words: arrest, arrestation, balance of trade, big business, business, business dealings, check, commerce, commercial affairs, commercial relations, constraint, control, cooling, cooling down, cooling off, curb, curtailment,… … Moby Thesaurus
restraint of trade — noun any act that tends to prevent free competition in business • Hypernyms: ↑restraint … Useful english dictionary
restraint of trade — noun Law 1》 action that interferes with free competition in a market. 2》 a clause in a contract that restricts a person s right to carry on their trade or profession … English new terms dictionary
restraint of trade — A term in a contract that restricts a person s right to carry on his or her trade or profession. An example, in a contract covering the sale of a business, would be a clause that attempts to restrict the seller s freedom to set up in competition… … Big dictionary of business and management
restraint of trade — /rɪˌstreɪnt əv treɪd/ noun 1. a situation where employees are not allowed to use their knowledge in another company if they change jobs 2. an attempt by companies to fix prices, create monopolies or reduce competition, which could affect free… … Marketing dictionary in english