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LSDefine

Simple English definitions for legal terms

unreasonable restraint of trade

Read a random definition: legal citology

A quick definition of unreasonable restraint of trade:

Unreasonable Restraint of Trade: This means when someone or a company does something that stops other people or companies from being able to compete fairly in the same market. It's not allowed because it's not fair for one person or company to have an advantage over others.

A more thorough explanation:

Definition: Unreasonable restraint of trade refers to actions or agreements that limit competition in a way that is considered unfair or harmful to consumers or other businesses.

Example: A company that dominates a particular market may use its power to prevent other companies from entering the market or to force them out of business. This could be considered an unreasonable restraint of trade because it limits competition and may result in higher prices or lower quality products for consumers.

Another example of unreasonable restraint of trade is when two or more companies agree to fix prices or divide up a market between them. This type of collusion is illegal because it limits competition and harms consumers.

These examples illustrate how unreasonable restraint of trade can harm consumers and other businesses by limiting competition and creating monopolies or oligopolies.

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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