Duhaime's Law Dictionary

Antitrust and Competition Law Dictionary

  • The one-stop-shop, for legal definitions of key terms in antitrust and competition law around the world. On this, we proudly assert, a monopoly!
  • This specialized Antitrust & Competition Law Dictionary complements the Company, Associations and Commercial Law Dictionary.

Abuse of Dominant Position
Intentional anti-competitive acts by persons substantially in control of a market, that has had, is having, or is likely to have the effect of preventing or lessening competition.
Anti-trust
Prohibited trade, marketplace or merchant activities as defined in a relevant anti-trust or such other restraint of trade statute.
Badgering
The buying of food products in one place and selling them elsewhere at a profit.
Cartel
An agreement between two or more merchants to create or control a monopoly, to lessen or prevent competition.
Competitive Injury
A price difference designed to harm competition.
Delivered Pricing
A distribution arrangement which discriminates on the basis of geographic criteria.
Economic Tort
Intentional tort wherein a defendant uses an unlawful means to cause a plaintiff some economic loss.
Engrossing
The buying of products in bulk and the individual re-sale at profit.
Exclusive Dealing
An arrangement designed to throttle or control legitimate trade by the selection and exclusive use of a particular supplier's product.
Fidelity Rebate
Offering loyalty rebate program to select customers.
Forestalling
The purchase of food products before it arrives, or as as it comes to a food market, with the intent to sell the same again at a higher price.
Monopoly
A commercial advantage enjoyed by only one or a select few companies in which only those companies can trade in a certain area.
Monopsony
Market conditions in which there exists only one buyer for a commodity or service.
Non-compete Agreement
An agreement on the part of a departing employee restricting, in some way, same-industry employment.
Nordenfelt Test
A legal test against which restrictive covenants are judged as either acceptable or not.
Oligopoly
A market condition in which there are but a few sellers of a specific product or service.
Predatory Pricing
The pricing of products in an unfair manner with an object to eliminate or retard competition and thereby gain and exercise control over prices in the relevant market.
Price Dispersion
Distinction as to the price of a product or service to certain class members of a market.
Price Fixing
A conspiracy formed for the purpose and with the effect of raising, depressing, fixing, pegging or stabilizing the price of a commodity.
Regrating
The buying of food products at a market not for demonstrable personal need, but for the purposes of resale at the same market, or one nearby.
Restrictive Covenant
A contract in which a party agrees to be restricted in some regards as to future conduct.
Sherman Antitrust Act
American federal statutes that defines and prohibits contracts or conspiracies which are designed to restrain trade.
Tied Selling
Where a supplier sells on condition that the buyer to the purchase of another associated or "tied" product.
Vertical Restraint
Special condition or term offered to select distributors by a supplier in order to manipulate trade.

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