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LSDefine

Simple English definitions for legal terms

combination in restraint of trade

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A quick definition of combination in restraint of trade:

A combination in restraint of trade is when two or more people or companies agree to work together to raise prices, reduce the amount of goods or services available, or create a monopoly. This is not allowed by antitrust laws and is also called a combine.

A more thorough explanation:

A combination in restraint of trade is an agreement between two or more individuals or entities that is intended to increase prices, decrease output, or establish a monopoly. This type of agreement is also known as a "combine."

For example, if two competing companies agree to fix their prices at a certain level, this would be considered a combination in restraint of trade. Similarly, if several companies in the same industry agree to limit their production in order to keep prices high, this would also be a combination in restraint of trade.

These types of agreements are illegal under antitrust laws, which are designed to promote competition and prevent monopolies. By limiting competition, combinations in restraint of trade can harm consumers by driving up prices and reducing choices.

combination | combination patent

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U-Hawaii-Jason-Momoa-Law
15:17
Half the law schools I applied to don't know the rank I was in the military and it shouldn't be considered. All service is equal to the military even if in reality that is not enforced.
dasfi0990ut1
15:17
@U-Hawaii-Jason-Momoa-Law: Awesome! Thank you for serving.
U-Hawaii-Jason-Momoa-Law
15:19
Thanks. I did it all for you.
therealjaysontatum
15:19
what time of day do you guys think schools stop calling
dasfi0990ut1
15:19
@U-Hawaii-Jason-Momoa-Law: That is what my dad said: "I did it all for you, all 30seconds."
therealjaysontatum
15:19
like do they call all day or just for like an hour at noon
dasfi0990ut1
15:20
@therealjaysontatum: It depends. Some am/pm. Some have multiple adcoms, some schools only have a few, so they call all day
therealjaysontatum
15:21
i just wonder what their day looks like on a wednesday when its time to admit people
therealjaysontatum
15:22
unlv is mainly who im asking about, i dont think they have a huge adcom department
GnomeoAndJuliet36
15:22
tatum hope u snap ur leg and they amputate it
GnomeoAndJuliet36
15:23
if thats really u
therealjaysontatum
15:23
its really me
15:23
A FROM UNLV BOYD!
therealjaysontatum
15:23
ive done all i can in the NBA
dasfi0990ut1
15:23
Bull spit! I do not believe.
GnomeoAndJuliet36
15:24
yea u have u should take a pair of scissors and snip each individual ligament in ur knee
dasfi0990ut1
15:24
@U-Hawaii-Jason-Momoa-Law: What happened to my friend? Hey banned :(
therealjaysontatum
15:24
you must be the real joel embiid
GnomeoAndJuliet36
15:24
holy
GnomeoAndJuliet36
15:24
how did u know
BatmanBeyond
15:32
No MVP or Finals MVP
BatmanBeyond
15:32
At least he avoided the Duke Bust label
therealjaysontatum
15:37
got a ring tho
starfishies
15:39
i have decision rendered on bc portal ;-;
therealjaysontatum
15:39
we talking ball now
starfishies
15:39
he really got that ring though
GnomeoAndJuliet36
15:50
still doggy doo
GnomeoAndJuliet36
15:51
put him on the hornets theyre still one of the worst teams in the leagues and the celtics still making it to the finals
RoaldDahl
15:55
I have decision rendered too 0.o
therealjaysontatum
15:55
hes different this year
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