Legal Definition and Related Resources of Combination In Restraint Of Trade
Meaning of Combination In Restraint Of Trade
Such a combination is characterized by an express or implied agreement or understanding that participants will jointly give up their trade freedom, or help one another to take away trade freedom of others through use of such devices as price -fixing agreements, boycotts, etc. The Sherman Anti- trust Act prohibits such agreements. See 15 U.S.C. §§1, 2. See also Eastern R.R. president ‘s Conference v Noerr Motor freight Inc., 365 U.S. 127, 81 S.Ct. 523, 5 L.Ed.2d 464.
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