Difference between revisions of "Restrictive agreement"
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| − | A restrictive agreement is an illegal conspiracy among firms to reduce output, fix prices, share market power, exclude competitors, or engage in coercion. | + | 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. |
[[category:United States law]] | [[category:United States law]] | ||
Revision as of 15:58, August 13, 2007
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.