Examlex
Trade discounts are used to avoid frequent changes in catalogs and to alter prices for different quantities purchased.
Per Se Violation
An action deemed illegal, without the need for further evidence of its harm or anticompetitive effect, under certain laws or regulations.
Antitrust Law
Laws protecting commerce from unlawful restraints and anticompetitive practices.
Restraint On Trade
Practices or agreements that restrict free competition and trade, often scrutinized and regulated by law.
Rule Of Reason
A test used to determine whether an anticompetitive agreement constitutes a reasonable restraint on trade. Courts consider such factors as the purpose of the agreement, its effect on competition, and whether less restrictive means could have been used.
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