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Restraint of trade   /rɪstrˈeɪnt əv treɪd/   Listen
Restraint of trade

noun
1.
Any act that tends to prevent free competition in business.



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"Restraint of trade" Quotes from Famous Books



... could control a monopoly as large as the nation. But the States passed anti-trust laws by the score, as they had passed the railway laws. As in the earlier case they found their model in the common law, which had long prohibited conspiracies in restraint of trade. One of the States, Ohio, with only the common law to go upon, brought suit against the Standard Oil Trust and secured a prohibition against it in 1892. It was relatively easy to attack the formal organization of the trust, but in spite of such attacks concentration continued to produce ever greater ...
— The New Nation • Frederic L. Paxson

... more than you can overlook a rattlesnake. Goldmark is another one of the wise boys. He runs one book, but he's under cover with an interest in five or six more. He comes pretty near being a combination in restraint of trade, Goldmark does. The Handicap is going to be the big betting race of the meeting. Goldmark has been tipped to keep his eye out for Elisha. On Elisha's record he ought to be 15 ...
— Old Man Curry - Race Track Stories • Charles E. (Charles Emmett) Van Loan

... combinations in restraint of trade was no part of the functions of the Federal Government as planned by the framers of the Constitution. To their minds such matters, under the dual system of government which they were establishing, belonged to the states. The Constitution was designed to limit the National ...
— Our Changing Constitution • Charles Pierson



Words linked to "Restraint of trade" :   restraint



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