Restraint Of Trade

Business, Legal & Accounting Glossary

Definition: Restraint Of Trade



What is the dictionary definition of Restraint Of Trade?

Dictionary Definition


n. in antitrust law, any activity (including agreements among competitors or companies doing business with each other) which tends to limit trade, sales and transportation in interstate commerce or has a substantial impact on interstate commerce.

Most of these actions are illegal under the various antitrust statutes. Some state laws also outlaw local restraints on competitive business activity.


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Restraint Of Trade. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/restraint-of-trade/ (accessed: September 22, 2020).
American Psychological Association (APA):
Restraint Of Trade. PayrollHeaven.com. Retrieved September 22, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/restraint-of-trade/

Definition Sources


Definitions for Restraint Of Trade are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 30th April, 2020 | 0 Views.