restraint of trade
union that determines uniform prices in a market, monopoly, cartel
Restraint of trade
Restraint of trade is a
common law doctrine relating to the enforceability of contractual restrictions on freedom to conduct business.Contractual obligations not to trade are
illegal agreements on public policy grounds unless they are reasonable in the interests of both contracting parties and of the public at large. Restraint of trade mainly affects post-termination restrictive covenants in employment contracts, and restrictions on competition in contracts for the sale of businesses.
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restraint of trade
Noun
1. any act that tends to prevent free competition in business
(hypernym) restraint
Restraint of Trade
any action which damages in some way another's opportunity to carry on a business.
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, dealing, dealings, deceleration, fair trade, free trade, hindrance, industry, inhibition, injunction, intercourse, interdict, legal restraint, market, marketing, mercantile business, merchantry, monopoly, multilateral trade, prohibition, protection, protectionism, protective tariff, rationing, reciprocal trade, rein, restraint, retardation, retrenchment, self-control, slowing down, small business, tariff wall, the business world, the marketplace, thought control, trade, traffic, truck, unilateral trade
Source: Moby Thesaurus, which is part of the
Moby Project created by Grady Ward. In 1996 Grady Ward placed this thesaurus in the public domain.
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