concerted practice

Collins dictionary of law. . 2001.


concerted practice
Conduct on the part of two or more parties which falls short of an agreement or decision for either the purpose of the prohibition in Article 81(1) of the EC Treaty, or the Chapter I prohibition in the UK Competition Act 1998, but which consists of some form of direct or indirect, and often informal, contact or co-operation between competitors.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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