free competition

free competition
A free and open market among both buyers and sellers for sale and distribution of commodities. Maple Flooring Mfrs. Asso. v United States, 268 US 563, 69 L Ed 1093, 45 S Ct 578. The requisite of the bidding at a judicial sale. 30A Am J Rev ed Jud S § 98.

Ballentine's law dictionary. . 1998.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • free competition — sense 1 ➔ competition * * * free competition UK US noun [U] ECONOMICS ► a system in which supply and demand control prices, incomes, etc. freely and without government involvement: »They point out that in countries where free competition is… …   Financial and business terms

  • free competition — free economy An economy in which the market forces of supply and demand control prices, incomes, etc. , without government interference. In such an economy private enterprise is dominant, the public sector being very small. See competition …   Big dictionary of business and management

  • free competition — /ˌfri: kɒmpə tɪʃ(ə)n/ noun being free to compete without government interference …   Marketing dictionary in english

  • free competition — /ˌfri: kɒmpə tɪʃ(ə)n/ noun the fact of being free to compete without government interference …   Dictionary of banking and finance

  • Competition law — Antitrust redirects here. For the 2001 film, see Antitrust (film). For laws specific to the U.S., see United States antitrust law. Competition law Basic concepts …   Wikipedia

  • Free market — A free market is a market in which property rights are voluntarily exchanged at a price arranged completely by the mutual consent of sellers and buyers. In a free market, individuals, rather than government, make the majority of decisions… …   Wikipedia

  • Competition law in the United Kingdom — United Kingdom competition law is affected by both British and European elements. The Competition Act 1998 and the Enterprise Act 2002 are the most important statutes for cases with a purely national dimension. However if the effect of a business …   Wikipedia

  • Competition — Intra or intermarket rivalry between businesses trying to obtain a larger piece of the same market share. The New York Times Financial Glossary * * * competition com‧pe‧ti‧tion [ˌkɒmpˈtɪʆn ǁ ˌkɑːm ] noun [uncountable] 1. COMMERCE a situation in …   Financial and business terms

  • competition — Intra or intermarket rivalry between or among businesses trying to obtain a larger piece of the same market share. Bloomberg Financial Dictionary * * * competition com‧pe‧ti‧tion [ˌkɒmpˈtɪʆn ǁ ˌkɑːm ] noun [uncountable] 1. COMMERCE a situation… …   Financial and business terms

  • Free Software Foundation Europe — Infobox Company name = Free Software Foundation Europe type = charitable association foundation = March 10 2001 location city = location country = location = Germany locations = key people = area served = industry = products = services = revenue …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”