Legal Dictionary
Main Entry:
restraint of trade 1 : an act, fact, or means of curbing the free flow of commerce or trade
restraint of trade and must be reasonable to be enforced>
2 : an attempt or intent to eliminate or stifle competition, to effect a monopoly, to maintain prices artificially, or otherwise to hamper or obstruct the course of trade and commerce as it would be if left to the control of natural and economic forces restraint of trade to be illegal>; also : the means (as a contract or combination) employed in such an endeavor —see also HORIZONTAL RESTRAINT, PER SE RULE 2, RULE OF REASON, VERTICAL RESTRAINT Sherman Antitrust Act in the IMPORTANT LAWS section
