restraint of trade


Also found in: Thesaurus, Legal, Acronyms, Wikipedia.

restraint of trade

n. pl. restraints of trade
An action or condition that tends to prevent free competition in business, as the creation of a monopoly or the limiting of a market.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

restraint of trade

n
(Commerce) action tending to interfere with the freedom to compete in business
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.restraint of trade - any act that tends to prevent free competition in business
restraint - the act of controlling by restraining someone or something; "the unlawful restraint of trade"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
(5) Moreover, he said, both the actual and perceived impact of identical agreements can differ "in varying times and circumstances." (6) Thus agreements deemed "in restraint of trade" (by common-law courts) and thus contrary to the Sherman Act in 1890 can become perfectly lawful in 1990, despite the lack of any intervening change in the statutory text.
Restraint Of Trade had been off the track since May so was entitled to get tired close home.
Section 1 of the Sherman Act, the paramount antitrust statute, declares, "Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal." Section 2 stipulates, "Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felony."
In May 1889, the Canadian Parliament adopted the world's first modern competition statute, (1) An Act for the Prevention and Suppression of Combinations Formed in Restraint of Trade (2) (Act)--better known as the Anti-Combines Act or the Wallace Act, after its sponsor, Nathaniel Clarke Wallace.
Refunds will be given for punts on Desert Blossom for the 1000 Guineas, Artigiano and Restraint Of Trade for the 2000 Guineas - and backers of Certify for the Oaks and Restraint Of Trade for the Derby.
The judge had to consider whether a ban on using AI on thoroughbreds was both a restraint of trade and a breach of the Trade Practices Act.
Rubloff charged Saint with violations of the Racketeer Influenced and Corrupt Organizations Act (RICO), tortious interference with prospective economic advantage and--most notably--conspiracy in restraint of trade under the Sherman Antitrust Act.
HAYDOCK: 2.30 Restraint Of Trade, 3.05 Erodium, 3.35 Mac's Power, 4.10 Pandorica, 4.40 GALLEON (NAP), 5.10 Pahente.
The transfer window is a restraint of trade, says Mick McCarthy - a Premier League manager not alone in his disliking of the current system.
The Appeal Court overturned a ruling by the lower English Court (the High Court) the previous day refusing to grant the injunction on public interest - it is likely that punters had placed bets on the horse that Fallon was due to ride simply because he was the jockey and a three-times winner of the Derby - and restraint of trade grounds.
Earlier, in his constitutional petition, Afridi had pleaded that the PCB's decision to ban him and revoke his no-objection certificate (NOC) was a restraint of trade, and therefore, needed to be contested in court.
Yesterday Judge Brendan Hegarty QC, at Manchester Mercantile Court, said the original contract Rooney signed with Proactive amounted to a "restraint of trade" as it was up to eight years long when the Football Association recommended a maximum of two years.