Restraint of competition
In economics, one speaks of a restraint of competition when the price and quality of one's own performance are not subject to the discipline of a market rival. There is then only limited competition .
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State Restraints of Competition
A distinction is usually made between state and private restraints of competition. The state includes tariffs and non-tariff trade barriers , state monopolies and monopoly rights , subsidies , and market entry barriers .
Private restraints of competition
Private restraints of competition include collusions , cartels and concentrations .