restrictive trade practice


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Related to restrictive trade practice: Unfair trade practice

restrictive trade practice

a commercial practice operated by a firm which has the effect of restricting, distorting or eliminating competition (especially if operated by a dominant firm) to the detriment of other suppliers and consumers. Examples of restrictive practices include EXCLUSIVE DEALING, REFUSAL TO SUPPLY, FULL LINE FORCING, TIE-IN SALES, AGGREGATED REBATES, RESALE PRICE MAINTENANCE and LOSS LEADING.

Under the COMPETITION ACT, 1998, exclusive dealing, full line forcing, tie-in sales and aggregated rebates can be investigated by the OFFICE OF FAIR TRADING and (if necessary) the COMPETITION COMMISSION, and prohibited if found to unduly restrict competition. The RESALE PRICE ACTS 1964,1976 make the practice of resale price maintenance illegal unless it is, very exceptionally, exempted by the Office of Fair Trading.

restrictive trade practice

a commercial practice operated by a firm that has the effect of restricting, distorting or eliminating competition (especially if operated by a DOMINANT FIRM) to the detriment of other suppliers and consumers. Examples of restrictive practices include EXCLUSIVE DEALING, REFUSAL TO SUPPLY, FULL-LINE FORCING, TIE-IN SALES, AGGREGATED REBATES, RESALE PRICE MAINTENANCE, LOSS LEADING.

Under the COMPETITION ACT 1980, exclusive dealing, full-line forcing, tie-in sales and aggregated rebates can be investigated by the OFFICE OF FAIR TRADING and (if necessary) the COMPETITION COMMISSION, and prohibited if found to unduly restrict competition. The RESALE PRICES ACTS 1964,1976 make the practice of resale price maintenance illegal unless it is, very exceptionally, exempted by the Office of Fair Trading.

References in periodicals archive ?
Monopolies & Restrictive Trade Practices (Control and Prevention) Ordinance, 1970: This Ordinance consists of six parts namely, preliminary, undue concentration of Economic Power etc, Prohibited.
On September 20, 2004, the Restrictive Trade Practices Court dismissed the Israeli cable television operators' appeal.
The transaction was consummated following the waiver by an unrelated third party of its rights of first refusal, and after receiving the approval of Restrictive Trade Practices authorities in Israel.
The approval of the Arrangement by the Court is conditioned upon obtaining tentative approvals from the Ministry of Communications, the Income Tax Commissioner, the Council of Cable and Satellite Broadcasting ("Council"), and the Restrictive Trade Practices Controller for the execution of the transactions related to the Arrangement.
The consummation of the foregoing transactions is subject to a right of first refusal of another unrelated third party, as well as the approval of Israeli Restrictive Trade Practices authorities.
The transaction will also be subject, among other conditions, to receipt of all approvals required by law and contract, including the approval of the applicable governing bodies (including shareholders) of Elbit Systems and Elop, approval of the Israeli Commissioner of Restrictive Trade Practices and receipt of a fairness opinion from an independent U.
The parties to the Arrangement filed an application with the Controller of Restrictive Trade Practices for approval of the Arrangement.
NASDAQ: MATVY) today announced that on May, 11th, 1999, an agreement was reached between the CATV operators including the Company, the MOC, the Council of Cable and Satellite broadcasting, the Treasure Ministry, the Law Ministry, and the Commissioner of Restrictive Trade Practices, concerning the main issues in dispute between the parties.
Nasdaq: MATV), a leading Israeli provider of broadband cable TV services, today gave notice that on August 9, 2000, a motion was received at the Company's offices for approval of a class action pursuant to the Restrictive Trade Practices Law.
NASDAQ: MATVY) today announced that on March 29, 1999 the Restraint of Trade Authority (the "Authority") notified the Company that it may announce that the Company is a monopoly in accordance with the Israeli law on restrictive trade practices.
In addition, the closing of the agreement between BVR and Elisra is subject to the approvals of the shareholders of BVR, the Israeli Investment Center and the Commissioner of Restrictive Trade Practices.
BSkyB's agreement with the FA Premier League is currently being reviewed by the Restrictive Practices Court under the provisions of the Restrictive Trade Practices Act 1976.