Submitted to the Foculty of Groduqte Studies ond Reseorch in portiol ...

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The term 'restrictive business proctices, in the titl.e ond
purpose porogroph is designed to meon oll those conditions
ond foctors ì¡rhich hove or cqn hove the effect of hompering free
competition within o_ morkêt. The concept ís brood - so brood
indeed thot no qttempt \.r,os mqde to define it further in the low.
In subsequent orticles, exomples ore given of different types
of restrictive business proctices, which result either from
orgonized cooperotion bethreen firms (ogreements, resolutionsr
ollionces) or from porticulor morket structures (monopolies,
rdominont' enterprisesr mergers). There qre olso Iess tongible
forms, such os price leodership ond neutrolized competition.
(Ret. l¡ p. ¡235. )
Rostrictive business proctices which ore coused by vorious
lou/s dnd public regulotory meosures olso come under the
monopolies tegislotion in so for os they influence conditions
of price, procjuction, ilistributionr ond trqnsport. In certoin
coses, there moy be d:irect intervention to combot hqrmful
monopolistic effects in motters of price fixing.
Vr/hot is decisive is not the type or form of s restrictive
business proctice, but rother the effects it con hove upon price,
production, distribution, or tronsport conditions. In the some
t^roy, the purposê of on ogreement r whether cost soving or other -
mokes no difference; it is the restrictive influence thot reolIy
counts, In this conhection it ís interesting to view the cose
of the Fecierotion of Dqnish Locquer Mqnufocturers reported on
p. 86 (Ref. 3s p. 2t).