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restraint of trade

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restraint of trade

Preventing of free competition in business by some action or condition such as price-fixing or the creation of a monopoly. The U.S. has a long-standing policy of maintaining competition among business enterprises through antitrust laws, the best-known of which, the Sherman Antitrust Act of 1890, declared illegal “every contract, combination…or conspiracy in restraint of trade or commerce.”



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IT is baffling that any restriction was placed on the operation of the new Liverpool landing stage as a cruise terminal in the first place; such a restriction seems to me to be a contract in restraint of trade and therefore of questionable legality.
IT is baffling that any restriction was placed on the operation of the new Liverpool landing stage as a cruise terminal in the first place; such a restriction seems to me to be a contract in restraint of trade and therefore of questionable legality.
Chambers had argued that the ban was an unfair restraint of trade.
 
 
 
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