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restrictive trade practice

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restrictive trade practice

Any agreement between people in a particular trade or business that restricts free trade in a market. For example, several producers may join together to form a cartel and fix prices; or a manufacturer may refuse to supply goods to a retailer if the retailer stocks the products of a rival company.

Restrictive trade practices are generally illegal in the UK and USA.
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Categories: International Affairs, Advance payments, Cuba, Executive powers, Export regulation, Exporting, Foreign governments, Foreign trade policies, Gifts or gratuities, International cooperation, International relations, International trade regulation, International trade restriction, Licenses, Restrictive trade practices, Telecommunications, Travel
U.S. Embargo on Cuba: Recent Regulatory Changes and Potential ... by General Accounting Office Reports & Testimony
Lamy said there had been a trend towards restrictive trade practices despite efforts to curb outright protectionism since the Group of 20 summit of leading economies in London in April, citing a WTO report to member states last week.
Worst of social, political crisis ahead: WTO chief by AFP / AFP Global Edition
Why does an established business want to deal with headache of red tape and restrictive trade practices when with a leap of the imagination the franchise model allows them to achieve the same profitability without the same hassles?
For Businesses the Franchise Route Is Best for Emerging Markets by Paul Serellis / Business community
 
 
 
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