Dictionary

restraint of trade

any action that tends to prevent free competition in business He says any attempt to cap the number of foreign players in British football would be a restraint of trade.
(COMPETITION LAW) an agreement between businesses that attempts to limit commercial competition by means such as price-fixing and monopolistic practices Such restrictive agreements may conflict with national laws relating to restraint of trade.

Phrase Bank

  • Could pollution controls on cars be ruled a restraint of trade?