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restraint of trade |
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restraint of tradePreventing 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.” How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The dealer contended that this amounted to restraint of trade, attempted monopolization and discriminatory pricing but he lost his case because the courts found that Brunswick hadn't violated any of Louisiana's existing unfair trade laws. She admitted to a misdemeanor count of attempted restraint of trade and restraint of competition, according to Maione. The World Trade Organization has deemed the subsidies an illegal restraint of trade, and threatened $4 billion in sanctions if the U. |
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