Restrictive Practice definition: Copy, customize, and use instantly
Introduction
The term "Restrictive Practice" refers to any practice, rule, or action that limits competition or creates unfair barriers in a market, often in violation of competition or antitrust laws. It can include activities like price-fixing, market division, or exclusive contracts that hinder fair market functioning. Below are various examples of how "Restrictive Practice" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Restrictive Practice" for anti-competitive behavior
This definition ties "Restrictive Practice" to anti-competitive behavior.
"Restrictive Practice" means any agreement, behavior, or activity that significantly reduces competition in the marketplace, including collusion, price-fixing, or market-sharing arrangements between competitors.
Definition of "Restrictive Practice" for exclusive agreements
This definition connects "Restrictive Practice" to exclusive agreements.
"Restrictive Practice" refers to agreements between parties that prevent others from participating in certain business activities or accessing certain markets, thus limiting competition and excluding other market players.
Definition of "Restrictive Practice" for agreements limiting market access
This definition links "Restrictive Practice" to market access limitations.
"Restrictive Practice" means any practice, agreement, or conduct that limits a party's ability to enter, expand, or compete in a market, thereby hindering free competition and customer choice.
Definition of "Restrictive Practice" for price manipulation
This definition ties "Restrictive Practice" to price manipulation.
"Restrictive Practice" refers to practices that artificially control or manipulate prices, including price-fixing or colluding to set prices at an agreed-upon level, limiting fair competition in pricing.
Definition of "Restrictive Practice" for unfair trade practices
This definition connects "Restrictive Practice" to unfair trade practices.
"Restrictive Practice" means any action or practice that unfairly limits the ability of competitors to compete on equal terms, such as imposing unjustified trade restrictions or discriminatory pricing.
Definition of "Restrictive Practice" for market allocation
This definition links "Restrictive Practice" to market allocation.
"Restrictive Practice" refers to the allocation of markets or customers between competitors, thereby limiting market access for other players and reducing competition in the market.
Definition of "Restrictive Practice" for anti-competitive conduct in contracts
This definition ties "Restrictive Practice" to contract-based conduct.
"Restrictive Practice" means contractual provisions that prohibit or limit competition, such as non-compete clauses, exclusivity agreements, or conditions that restrict a party's freedom to operate in a competitive market.
Definition of "Restrictive Practice" for anti-competitive conduct in mergers and acquisitions
This definition connects "Restrictive Practice" to mergers and acquisitions.
"Restrictive Practice" refers to activities or conduct in the context of mergers or acquisitions that reduce or eliminate competition, such as when merging companies create monopolies or market dominance that harms consumers.
Definition of "Restrictive Practice" for collusion
This definition links "Restrictive Practice" to collusion.
"Restrictive Practice" means any form of collusion or coordinated behavior between competitors to fix prices, share markets, or otherwise limit competition, ultimately restricting consumer choice and fair competition.
Definition of "Restrictive Practice" for abuses of dominant position
This definition ties "Restrictive Practice" to abuses of dominant market position.
"Restrictive Practice" refers to the abuse of a dominant position in a market to unfairly restrict competition, such as through predatory pricing, refusal to supply, or other actions that harm competitors and consumers.
Definition of "Restrictive Practice" for resale price maintenance
This definition connects "Restrictive Practice" to resale price maintenance.
"Restrictive Practice" means the imposition of fixed or minimum resale prices on distributors or retailers by a supplier, preventing price competition and maintaining artificially high prices in the market.
Definition of "Restrictive Practice" for refusal to deal
This definition links "Restrictive Practice" to refusal to deal.
"Restrictive Practice" refers to the refusal of a dominant firm or entity to deal with certain competitors or suppliers, thereby excluding them from participating in the market or accessing essential goods or services.
Definition of "Restrictive Practice" for exclusionary practices
This definition ties "Restrictive Practice" to exclusionary practices.
"Restrictive Practice" means practices that deliberately exclude or hinder the entry of competitors into the market, such as by creating barriers to access or limiting opportunities for new market entrants.
Definition of "Restrictive Practice" for tying arrangements
This definition connects "Restrictive Practice" to tying arrangements.
"Restrictive Practice" refers to tying arrangements, where a seller requires a buyer to purchase additional goods or services as a condition of obtaining a desired product, thereby restricting free market choices.
Definition of "Restrictive Practice" for predatory pricing
This definition links "Restrictive Practice" to predatory pricing.
"Restrictive Practice" means the practice of setting prices at an artificially low level to drive competitors out of the market, with the intent to later raise prices to monopolistic levels.
Definition of "Restrictive Practice" for price discrimination
This definition ties "Restrictive Practice" to price discrimination.
"Restrictive Practice" refers to the act of offering different prices for the same product or service based on discriminatory factors, such as customer identity or location, to undermine competition and restrict market fairness.
Definition of "Restrictive Practice" for market foreclosure
This definition connects "Restrictive Practice" to market foreclosure.
"Restrictive Practice" means the actions or strategies employed by a dominant player to foreclose competition in a market, such as preventing competitors from accessing essential resources or distribution channels.
Definition of "Restrictive Practice" for cartels
This definition links "Restrictive Practice" to cartels.
"Restrictive Practice" refers to the formation of cartels, where competitors collude to fix prices, allocate markets, or reduce competition in a way that harms consumers and other market participants.
Definition of "Restrictive Practice" for geographic market division
This definition ties "Restrictive Practice" to geographic market division.
"Restrictive Practice" means the division of markets by geography or other factors between competitors, limiting competition and customer choice within those areas.
Definition of "Restrictive Practice" for customer allocation agreements
This definition connects "Restrictive Practice" to customer allocation agreements.
"Restrictive Practice" refers to agreements between competitors to allocate customers, territories, or market segments, thereby limiting competitive forces in the market.
Definition of "Restrictive Practice" for anti-competitive pricing tactics
This definition links "Restrictive Practice" to anti-competitive pricing tactics.
"Restrictive Practice" means pricing strategies, such as predatory pricing or price-fixing, that limit competition and maintain prices at artificially high or low levels, damaging market competition.
Definition of "Restrictive Practice" for exclusivity clauses
This definition ties "Restrictive Practice" to exclusivity clauses.
"Restrictive Practice" refers to contractual provisions that require a party to exclusively deal with another, thus restricting competition and creating barriers for other competitors in the market.
Definition of "Restrictive Practice" for refusal to supply essential goods
This definition connects "Restrictive Practice" to refusal to supply.
"Restrictive Practice" means the refusal by a supplier to provide essential goods or services to certain competitors, thereby restricting competition in the marketplace.
Definition of "Restrictive Practice" for tying and bundling practices
This definition links "Restrictive Practice" to tying and bundling.
"Restrictive Practice" refers to the practice of tying or bundling products together in a way that limits consumer choice or forces consumers to buy products they don’t want in order to obtain the desired product.
Definition of "Restrictive Practice" for anti-competitive mergers
This definition ties "Restrictive Practice" to anti-competitive mergers.
"Restrictive Practice" refers to a merger or acquisition that significantly reduces competition in a market, creating a monopoly or dominant market player that harms consumer choice and pricing.
Definition of "Restrictive Practice" for unfair advertising
This definition connects "Restrictive Practice" to unfair advertising.
"Restrictive Practice" refers to misleading or deceptive advertising practices that prevent fair competition by distorting the true nature or pricing of goods and services in the market.
Definition of "Restrictive Practice" for loyalty programs
This definition links "Restrictive Practice" to loyalty programs.
"Restrictive Practice" means the use of loyalty programs that restrict consumer freedom by incentivizing customers to stay with one provider, discouraging competition and market entry by other companies.
Definition of "Restrictive Practice" for anti-competitive labor practices
This definition ties "Restrictive Practice" to labor practices.
"Restrictive Practice" refers to labor market practices, such as no-poaching agreements or wage-fixing, that limit competition for workers and reduce fair market compensation.
Definition of "Restrictive Practice" for monopoly power abuse
This definition connects "Restrictive Practice" to monopoly power abuse.
"Restrictive Practice" refers to the abuse of monopoly power in a market to control pricing, limit supply, or hinder competition from smaller or new players, ultimately harming consumers and reducing market efficiency.
Definition of "Restrictive Practice" for non-compete clauses
This definition links "Restrictive Practice" to non-compete clauses.
"Restrictive Practice" means contractual provisions that prohibit individuals from working for competing businesses after leaving their employer, thereby limiting labor market competition.
Definition of "Restrictive Practice" for false claims in product marketing
This definition ties "Restrictive Practice" to false claims.
"Restrictive Practice" refers to the act of making false or misleading claims about products or services in order to unfairly gain an advantage over competitors and restrict market competition.
Definition of "Restrictive Practice" for limitations on product distribution
This definition connects "Restrictive Practice" to distribution limitations.
"Restrictive Practice" means practices that limit the ability of products or services to be distributed fairly in a market, such as through exclusive or restrictive distribution agreements that hinder competition.
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