restrictive trade practice

a commercial practice operated by a firm which has the effect of restricting, distorting or eliminating competition (especially if operated by a dominant firm) to the detriment of other suppliers and consumers. Examples of restrictive practices include EXCLUSIVE DEALING, REFUSAL TO SUPPLY, FULL LINE FORCING, TIE-IN SALES, AGGREGATED REBATES, RESALE PRICE MAINTENANCE and LOSS LEADING.

Under the COMPETITION ACT, 1998, exclusive dealing, full line forcing, tie-in sales and aggregated rebates can be investigated by the OFFICE OF FAIR TRADING and (if necessary) the COMPETITION COMMISSION, and prohibited if found to unduly restrict competition. The RESALE PRICE ACTS 1964,1976 make the practice of resale price maintenance illegal unless it is, very exceptionally, exempted by the Office of Fair Trading.

restrictive trade practice

a commercial practice operated by a firm that has the effect of restricting, distorting or eliminating competition (especially if operated by a DOMINANT FIRM) to the detriment of other suppliers and consumers. Examples of restrictive practices include EXCLUSIVE DEALING, REFUSAL TO SUPPLY, FULL-LINE FORCING, TIE-IN SALES, AGGREGATED REBATES, RESALE PRICE MAINTENANCE, LOSS LEADING.

Under the COMPETITION ACT 1980, exclusive dealing, full-line forcing, tie-in sales and aggregated rebates can be investigated by the OFFICE OF FAIR TRADING and (if necessary) the COMPETITION COMMISSION, and prohibited if found to unduly restrict competition. The RESALE PRICES ACTS 1964,1976 make the practice of resale price maintenance illegal unless it is, very exceptionally, exempted by the Office of Fair Trading.

单词	restrictive trade practice
释义	DictionarySeecartel restrictive trade practice restrictive trade practice a commercial practice operated by a firm which has the effect of restricting, distorting or eliminating competition (especially if operated by a dominant firm) to the detriment of other suppliers and consumers. Examples of restrictive practices include EXCLUSIVE DEALING, REFUSAL TO SUPPLY, FULL LINE FORCING, TIE-IN SALES, AGGREGATED REBATES, RESALE PRICE MAINTENANCE and LOSS LEADING. Under the COMPETITION ACT, 1998, exclusive dealing, full line forcing, tie-in sales and aggregated rebates can be investigated by the OFFICE OF FAIR TRADING and (if necessary) the COMPETITION COMMISSION, and prohibited if found to unduly restrict competition. The RESALE PRICE ACTS 1964,1976 make the practice of resale price maintenance illegal unless it is, very exceptionally, exempted by the Office of Fair Trading. restrictive trade practice a commercial practice operated by a firm that has the effect of restricting, distorting or eliminating competition (especially if operated by a DOMINANT FIRM) to the detriment of other suppliers and consumers. Examples of restrictive practices include EXCLUSIVE DEALING, REFUSAL TO SUPPLY, FULL-LINE FORCING, TIE-IN SALES, AGGREGATED REBATES, RESALE PRICE MAINTENANCE, LOSS LEADING. Under the COMPETITION ACT 1980, exclusive dealing, full-line forcing, tie-in sales and aggregated rebates can be investigated by the OFFICE OF FAIR TRADING and (if necessary) the COMPETITION COMMISSION, and prohibited if found to unduly restrict competition. The RESALE PRICES ACTS 1964,1976 make the practice of resale price maintenance illegal unless it is, very exceptionally, exempted by the Office of Fair Trading.
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