restrictive trade practicenoun [ C ]
uk/rɪˌstrɪk.tɪv ˈtreɪd ˌpræk.tɪs/us/rɪˌstrɪk.tɪv ˈtreɪd ˌpræk.tɪs/specializeda business agreement between companies which controls prices or the areas in which goods are sold, preventing fair competition from other companies
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Business - general words
- Age of Exploration
- B2B
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- back office
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- globalization
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- mass market
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- offshore
- open market
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