concerted practice definition

concerted practice means cooperative or coordinated conduct between firms, achieved through direct or indirect contact, that replaces their independent action, but which does not amount to an agreement;
concerted practice means co-operative or co-ordinated conduct between firms, achieved through direct or indirect contact, that replaces their independent action, but which does not amount to an agreement;
concerted practice means any form of coordination between licensees which involves direct or indirect contact or communication between licensees, the object or effect of which is either -

More Definitions of concerted practice

concerted practice. : means co-ordination between airlines that, without having reached the stage where an agreement properly so-called has been concluded, knowingly substitutes practical co-operation to the exclusion of competition;
concerted practice means any form of coordination between enterprises which knowingly substitutes practical co-operation between them for the risks of competition and includes any practice which involves direct or indirect contact or communication between enterprises, the object or effect of which is either—
concerted practice means deliberate conjoint conduct between undertakings achieved through direct or indirect contact that replaces their independent actions;
concerted practice means a practice involving contacts or communications between competitors falling short of an actual agreement but which nonetheless restricts competition between them;
concerted practice means an action planned and done in unison by a firm or combination of firms which is anti-competitive;
concerted practice means a practice involving direct or indirect contacts between competitors falling short of an actual or formal agreement.
concerted practice means a practice which involves some form of communication or coordination between competitors falling short of an actual agreement but which replaces their independent action and restricts or lessens competition between them;