Restriction of competition definition

Restriction of competition means any actions which prevent competition in a relevant market or may weaken, distort or otherwise have a negative effect on competition.
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Restriction of competition means preventing, restricting or distorting competition as contemplated by Section 59(1) of the Act, and
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Examples of Restriction of competition in a sentence

  • Restriction of competition is in the interests of producers but harms consumers and society as a whole by limiting choice and competition while encouraging smuggling.

  • The materials of the case and the decision were transferred to the Russian Ministry of Internal Affairs to resolve the issue of initiating a criminal case on the grounds of corpus delicti provided for by Article 178 (Restriction of competition) of the Criminal Code of the Russian Federation.

  • Restriction of competition, abuse of dominant position, unfair competition, illegal use of intellectual property objects and business reputation are directly prohibited by the Code.

  • Restriction of competition by object Exchanging information on companies’ individualised intentions concerning future conduct regarding prices or quantities is particularly likely to lead to a collusive outcome.

  • Restriction of competition might include the use of brand-name products or a description of a product that may limit the bid to one supplier.

  • Restriction of competition through cartel agreements, unfair competition (i.e., false advertising, promises/gifts in exchange for business, trade secrets, etc.), illicit speculation during times of irregular market situations, and dumping and subsidized imports are all prohibited.

  • According to the Service, since the policy was a term policy, it is presumed that, absent proof to the contrary, the monthly cost of the insurance protection was equal to the monthly premium paid.

  • A “vicious circle” Consumer exploitation Network effects Data concentration Restriction of competition Barriers to entry The different elements described in the previous section are part of a vicious circle that weakens the competitive process and therefore directly and indirectly harms consumers.

  • Restriction of competition: Based on the opinion of antitrust regulators, there is normally no reason for companies to communicate sensitive data to their competitors.

  • Konkurences ierobežojums pēc darba tiesisko attiecību izbeigšanās [Restriction of competition after termination of employment relations].

Related to Restriction of competition

  • Restriction of Use means, in respect of any day, any difference from the normal capability of all or any part of the Routes (where the normal capability of the Routes is expressed in the Applicable Timetable Planning Rules relevant to that day notified to each Timetable Participant on or before D-26) which results in:

  • Restrictive Covenant Agreement means any agreement, and any attachments or schedules thereto, entered into by and between the Participant and the Partnership or its Affiliates, pursuant to which the Participant has agreed, among other things, to certain restrictions relating to non-competition (if applicable), non-solicitation and/or confidentiality, in order to protect the business of the Partnership and its Affiliates.

  • Disparagement means making comments or statements to the press, the Company’s or its Affiliates’ employees, consultants or any individual or entity with whom the Company or its Affiliates has a business relationship which could reasonably be expected to adversely affect in any manner: (a) the conduct of the business of the Company or its Affiliates (including, without limitation, any products or business plans or prospects); or (b) the business reputation of the Company or its Affiliates, or any of their products, or their past or present officers, directors or employees.

  • Competition or “Competitions” means any competition comprised within the Event where the winner is awarded a prize. A Competition may be comprised of one or more qualification phase/sections, runs or heats, including official training sessions. In the FIS Rules, Competitions are sometimes also referred to as “races”.

  • Covenant not to compete means an agreement:

  • Restrictive Covenant Agreements has the meaning set forth in the Recitals.

  • Restrictive Covenant has the meaning set forth in Section 6(c).

  • Competitions means any competition comprised within the Event where the winner is awarded a prize. A Competition may be comprised of one or more qualification phase/sections, runs or heats, including official training sessions. In the FIS Rules, Competitions are sometimes also referred to as “races”.

  • Restriction Release Date means such date, after the Effective Date, that the Board of Directors determines in good faith that it is in the best interests of the Corporation and its stockholders for the transfer restrictions set forth in this Article 4 to terminate.

  • Non-Competition Period means the period the Executive is employed by the Company plus one (1) year from the Termination Date if the Executive's employment is terminated (i) by the Company for any reason, (ii) by the Executive for any reason, or (iii) by reason of either the Company's or the Executive's decision not to extend the term of this Agreement as contemplated by Section 1 hereof.

  • Nonsolicitation Period means the Employment Period and a period ending one year after the Date of Termination; and

  • Restrictive Covenants means the restrictive covenants contained in Section 13(c) hereof.

  • Noncompetition Period has the meaning set forth in Section 9.01.

  • Restrictive Covenant Violation means the Participant’s breach of the Restrictive Covenants listed on Appendix A or any covenant regarding confidentiality, competitive activity, solicitation of the Company’s vendors, suppliers, customers, or employees, or any similar provision applicable to or agreed to by the Participant.

  • Non-Competition Agreement has the meaning set forth in Section 2.1 of this Agreement.

  • Noncompetition Agreement shall have the meaning set forth in Section 5.9 of this Agreement.

  • restrictive condition means any condition registered against the title deed of land restricting the use, development or subdivision of the land concerned:

  • Noncompetition Agreements as defined in Section 2.4(a)(iv).

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with applicable securities laws.

  • Non-Competition Agreements has the meaning set out in Section 7.1.1.7;

  • Transfer Restrictions means restrictions that prohibit the sale, exchange, transfer, assignment, pledge, hypothecation, fractionalization, hedge or other disposal (including through the use of any cash-settled instrument), whether voluntarily or involuntarily by the Grantee, of an Award or any shares of Common Stock, cash or other property delivered in respect of an Award.

  • Restricted Share Agreement means the agreement between the Company and the recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares.

  • Restriction Notice has the meaning set forth in Section 8.04(f) hereof.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Dealing Restrictions means restrictions imposed by statute, order, regulation or Government directive, or by the Model Code or any code adopted by the Company based on the Model Code and for this purpose the Model Code means the Model Code on dealings in securities set out in Listing Rule 9, annex 1 (of the London Stock Exchange), as varied from time to time;

  • Solicitation of a romantic relationship means deliberate or repeated acts that can be reasonably interpreted as the solicitation by an educator of a relationship with a student that is romantic in nature. A romantic relationship is often characterized by a strong emotional or sexual attachment and/or patterns of exclusivity, but does not include appropriate educator-student relationships that arise out of legitimate contexts such as familial connections or longtime acquaintance. The following acts, considered in context, may constitute prima facie evidence of the solicitation by an educator of a romantic relationship with a student: