Post

What is a Refusal to Deal?

The definition of a refusal to deal or a concerted refusal to deal is an agreement between competing companies, or a company and an individual or business, to refuse to do business with another. A ref...

Post

What is a Covenant Not To Compete?

A covenant not to compete, or a non-compete clause, is an agreement in which one party agrees not to work for the other party's direct competition in a specified area for a certain amount of time. Whi...

Post

What is Monopoly Power Under the Sherman Act?

Most legal terms or phrases have statutory definitions and interpretations by case law'the term monopoly power under the Sherman Antitrust Act is no different. What is formally monopoly power and what...

Post

What is Price Fixing?

Price fixing is a conspiracy between business competitors to set their prices to buy or sell goods or services at a certain point. This benefits all businesses or individuals that are on the same side...

Post

What does Deceptive Act mean under the FTCA?

The Federal Trade Commission Act (FTCA) business regulations, originally passed in 1914, prohibit unfair competition by outlawing “unfair or deceptive acts or practices in or affecting commerce.” ...