ticaret tahdidi

Turkish - English

Definition of ticaret tahdidi in Turkish English dictionary

(Kanun) restraint of trade

An agreement that prevents fair competition on the open market, such as an agreement by one party to hire a second party to work within a profession on the condition that the second party will not compete against the first

union that determines uniform prices in a market, monopoly, cartel

any act that tends to prevent free competition in business

An action or condition that tends to prevent free competition in business, as the creation of a monopoly or the limiting of a market. Preventing of free competition in business by some action or condition such as price-fixing or the creation of a monopoly. The U.S. has a long-standing policy of maintaining competition among business enterprises through antitrust laws, the best-known of which, the Sherman Antitrust Act of 1890, declared illegal "every contract, combination...or conspiracy in restraint of trade or commerce

Hyphenation

ti·ca·ret tah·di·di