A '''restrictive agreement''' is an illegal [[conspiracy]] among firms to reduce output, fix [[prices]], share [[market power]], exclude competitors, or engage in [[coercion]]. [[Antitrust]] laws prohibit this. | A '''restrictive agreement''' is an illegal [[conspiracy]] among firms to reduce output, fix [[prices]], share [[market power]], exclude competitors, or engage in [[coercion]]. [[Antitrust]] laws prohibit this. |