Restraint of trade

{
  "id": "MLC-T-LAW-004287",
  "term": "Restraint of trade",
  "field": "Law",
  "definition": "An agreement between parties that limits competition or the ability of an individual or business to carry on a profession or trade. Such agreements are scrutinized under antitrust laws to prevent monopolies and promote fair market practices. Courts evaluate the reasonableness of the restraint, considering factors like geographic scope and duration.",
  "url": "https://mlchart.com/terminology/law/restraint-of-trade/"
}