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restraint of trade

restraint of trade

1 7.0
A rule or action that stops free competition between businesses
  • noun
  • /rɪˈstreɪnt əv treɪd/
  • Specialized
translation icon : restricción comercial
  • Many consumers were unhappy as the new policy created a restraint of trade by limiting the options available to them in the market.
  • agreement in restraint of trade
  • law against restraint of trade

The legal question, and it stands to reason that it is, you know, the, the legal question becomes have they formed a combination in restraint of trade?

Examples

  • Thus, a flexible approach to mergers and specialization agreements should be balanced by a strict approach to conspiracies in restraint of trade and abuses of market power.

    Academic text (1993)
  • I'm prepared to take the position that this Patents Company is an unlawful conspiracy in restraint of trade.

  • The other side of this coin, of course, is that tax systems should not foster restraint of trade.

    Academic text (1993)
  • To deny him this opportunity would constitute restraint of trade.

    Fiction book (1995)
  • It looks like RKO will have to sue for restraint of trade.

  • Joint ventures, or agreements that govern their operations, may be challenged at any time as agreements in restraint of trade under Section 1 of the Sherman Act.

    Academic text (1995)
  • Case law in the UK and EU appears to be consistent with the US; assessments are made on a case-by-case basis, with evidence confirming a restraint of trade or a negative impact on consumers by artificially raising retail prices or constraining product availability.

    Blog text (30)
  • The Sherman Anti-Trust Act of 1890, which was meant to prevent monopoly restraint of trade by companies entering into cartel arrangements to limit competition and raise prices charged to consumers, was also applied to labor unions in a number of cases that came before the courts.

    Blog text (26)
  • A recent court case was decided in favor of the small business owner, who argued that the contract imposed a restraint of trade and hindered competition.

  • The government is investigating whether the merger of the two companies will lead to a restraint of trade that harms local businesses.

Synonyms

restriction
vsrestraint of trade
340 3.0

A rule or action that limits what you can do

is about limiting competition in business rather than any general limit
restraint
vsrestraint of trade
44 3.9

A rule or measure that limits what people can do

is focused on limiting commercial competition, not general freedom or movement
protectionism
vsrestraint of trade
17 7.0

A government policy that helps local businesses by making foreign goods more expensive or limiting imports

is a broader restriction on competition overall, not only import limits
restrictionism
vsrestraint of trade
1 8.9

A policy of limiting people or goods entering a country

is the broader term for any policy that restricts competition in commerce
combination in restraint of trade
vsrestraint of trade
  • Formal
9.5

An agreement between companies that limits competition, often by fixing prices, and is illegal under US law

is a general action or policy that restricts competition in business

Antonyms

1 4.1

A way of running an economy that lets businesses compete with little government control

How Anti-Competitive

monopoly
  • Specialized
148 4.9
restraint of trade
  • Specialized
1 7.0
cartel
210 7.9

Surface Forms

Morphology

restraint + of + trade

The phrase is a straightforward noun phrase combining 'restraint' (a restriction) with 'trade' (buying and selling), so a learner who knows those words can infer it refers to a restriction on commerce. The preposition 'of' simply links the two nouns and this compositional pattern is common cross-linguistically, making the overall meaning predictable to a B1 learner.

Etymology

Restraint of trade may come from the simple image of a restraint, like a rope or a hand, holding back trade, meaning people selling goods, so traders cannot move or sell freely. So today it means a rule or action that 'stops' businesses from competing freely.