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Definition of Restraint of trade
1. Noun. Any act that tends to prevent free competition in business.
Definition of Restraint of trade
1. Noun. (legal) An agreement that prevents fair competition on the open market, such as an agreement by one party to hire a second party to work within a profession on the condition that the second party will not compete against the first. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Restraint Of Trade
Literary usage of Restraint of trade
Below you will find example usage of this term as found in modern and/or classical literature:
1. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1904)
"Contracts In restraint of trade and contracts eliminating competition, as a
general proposition, are Illegal and void on the ground of public policy. ..."
2. The Law of Contracts by Samuel Williston, Clarence Martin Lewis (1920)
"Effect of trade union being in restraint of trade. The validity of the agreement
binding members of a union does not ordinarily become of direct importance. ..."
3. Principles of Economics by Frank William Taussig (1921)
"Combinations in restraint of trade and the common law rule making them void. ...
Under our common law, contracts in restraint of trade are void. ..."
4. Principles of the English Law of Contract and of Agency in Its Relation to by William Reynell Anson (1884)
"M.&G. . , Agreement* in restraint of trade. Restraint It is against the policy
of the law that a man should deprive himself of the means of exercising his ..."
5. Principles of the Law of Contract: With a Chapter on the Law of Agency by William Reynell Anson, Arthur Linton Corbin (1919)
"Agreements in restraint of trade. The law concerning restraint of trade has
changed from time to time with the changing conditions of trade, ..."
6. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1911)
"Every contract, combination in form of trust or otherwise, or conspiracy, in
restraint of trade or commerce in any territory of the United States ..."
7. Principles of Economics by Frank William Taussig (1915)
"Under our common law, contracts in restraint of trade are void. ... Just what
constitutes a contract in restraint of trade, such as the courts will hold ..."
8. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1911)
"In view of the common law and the law in this country as to restraint of trade,
which we have reviewed, and the illuminating effect which that history must ..."
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