Combination in Restraint of Trade

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Combination in Restraint of Trade

An illegal compact between two or more persons to unjustly restrict competition and monopolize commerce in goods or services by controlling their production, distribution, and price or through other unlawful means.

Such combinations—whether in the form of a contract, holding company, or other association—are prohibited by the provisions of the Sherman Anti-Trust Act and other antitrust acts.



West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.