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.
How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
| ?Page tools | ||
|---|---|---|
|
?Sign in  |
|---|