Unreasonable restraint on trade refers to actions or agreements that limit competition in a way that is not necessary to achieve legitimate business goals. This could include price-fixing, market allocation, or other anticompetitive practices that harm consumers and restrict free trade. Such restraints may violate antitrust laws and result in legal penalties.
The court ruled in favor of the United States and held that a business combination was illegal when it was engaged in unreasonable restraint to trade. This resulted in the breakup of Standard Oil into separate companies, all in competition with one another, effectively lowering prices.
No.
Marjo Ojala has written: 'EU-kilpailuoikeus' -- subject(s): Antitrust law, Restraint of trade 'The competition law of central and eastern Europe' -- subject(s): Antitrust law, Restraint of trade 'Monopolit ja markkinoiden vapauttaminen' -- subject(s): Antitrust law, Restraint of trade
George Cyriax has written: 'Monopoly and competition' -- subject(s): Antitrust law, Competition, Economic policy, Monopolies, Restraint of trade 'Monopoly and competition' -- subject(s): Restraint of trade, Antitrust law
It was the Sherman Antitrust Act.
Olli Huuskonen has written: 'Markkinoinnin Eurooppaoikeutta' -- subject(s): Restraint of trade, Trade regulation
Norbert Gugerbauer has written: 'Kommentar zum Kartellgesetz' -- subject(s): Cartels, Restraint of trade, Antitrust law 'Das Kartellgesetz' -- subject(s): Price regulation, Cartels, Antitrust law, Restraint of trade
Ronald Moore Bannerman has written: 'Restrictive trade practices' -- subject(s): Restraint of trade
Helen Papaconstantinou has written: 'Free trade and competition in the EEC' -- subject(s): Antitrust law, Foreign trade regulation, Free trade, Restraint of trade
It forbade mergers of companies that would result in restraint of trade.
Robert Yorke Hedges has written: 'Introduction to the criminal law of Nigeria, excluding the northern region' -- subject(s): Criminal law 'The law relating to restraint of trade' -- subject(s): Restraint of trade, Forms (Law)
Their basic philosophy was that government should not meddle with business any more than was necessary to prevent monopolies and unfair restraint of trade.