restraint of trade

restraint of trade definition - business

restraint of trade

Activities such as fixing prices or colluding to regulate supplies that impede free competition. A contract that restrains commerce among states is an illegal restraint of trade.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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