general restraint of trade
- general restraint of trade
-
A restraint which constitutes a monopoly or unlawful restraint of trade. Not necessarily a complete monopoly. Any con-
tract or combination to the end of a complete monopoly and to the deprivation of the public of the advantages which flow from free competition. 36 Am J1st Monop etc § 13.
A contract is said to be in general restraint of trade when it contains an agreement not to carry on a certain business or occupation anywhere. Kellogg v Larkin (Wis) 3 Pinney 123, 3 Chandler 133.
Ballentine's law dictionary.
Anderson, W.S..
1998.
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