combination in restraint of trade

Thesaurus

Noun

1.combination in restraint of trade - (law) any monopoly or contract or combination or conspiracy intended to restrain commerce (which are illegal according to antitrust laws of the United States)combination - an alliance of people or corporations or countries for a special purpose (formerly to achieve some antisocial end but now for general political or economic purposes)law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"U.S.A., United States, United States of America, US, USA, America, the States, U.S. - North American republic containing 50 states - 48 conterminous states in North America plus Alaska in northwest North America and the Hawaiian Islands in the Pacific Ocean; achieved independence in 1776

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.

Cross-references

Monopoly.

combination in restraint of trade

noun

Words related to combination in restraint of trade

noun (law) any monopoly or contract or combination or conspiracy intended to restrain commerce (which are illegal according to antitrust laws of the United States)

Related Words

combination
law
jurisprudence
U.S.A.
United States
United States of America
US
USA
America
the States
U.S.