RESTRAINT OF TRADE

restraint of trade

glossary /

restraint of trade. 1. A limitation on business dealings or professional or gainful occupations. 2. Antitrust. An agreement between or combination of businesses intended to eliminate competition, create a monopoly, artificially raise prices, or otherwise adversely affect the free market. • Restraints of trade are usu. illegal, but may be declared reasonable if they are […]

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restraint of trade

glossary / ,

restraint of trade 贸易限制 指以排除或抑制竞争为目的而签订合同或组成联合体，造成垄断，人为地维持商品的价格或阻碍贸易和商业的正常发展；亦指合约中一方当事人对另一方当事人从事一定贸易、业务或职业的限制。贸易限制通常被认为是违反法律的，但如果其实施符合双方当事人和公众的利益，也可被认为是合理的。(→rule of reason; Sherman Antitrust Act)

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