fair competition


fair competition
A phrase of the National Industrial Recovery Act enacted during the first administration of President Franklin D. Roosevelt but held unconstitutional by the United States Supreme Court meaning open, equitable, and just competition, fair to competitors and to customers. United States v National Garment Co. (DC Mo) 10 F Supp 104.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • fair competition — Open, equitable, just competition, which is fair as between competitors and as between any of them and his customers. See antitrust acts Clayton Act price fixing Sherman Antitrust Act …   Black's law dictionary

  • fair competition — Open, equitable, just competition, which is fair as between competitors and as between any of them and his customers. See antitrust acts Clayton Act price fixing Sherman Antitrust Act …   Black's law dictionary

  • fair competition — noun : competition reasonable in view of the interests of those competing and the public and not involving practices condemned by law as inimical to the public interest compare unfair competition …   Useful english dictionary

  • fair competition — contest played and judged according to the rules, contest equally fair to all sides …   English contemporary dictionary

  • Decent Working Conditions and Fair Competition Act — The Decent Working Conditions and Fair Competition Act is the title of several bills that have been introduced in the United States Congress to try to prohibit the import, export, and sale of goods made with sweatshop labor . As of February 2009 …   Wikipedia

  • competition — I noun attempt to equal, bout, challenge, combat, conflict, contentio, contest, corrivalry, encounter, engagement, open contest, opposition, outrivalry, pitting of strength, pitting of wits, race, rivalry, scramble, strife, striving for… …   Law dictionary

  • competition law — UK US noun [U] ► LAW the laws that are intended to make sure that there is fair competition between businesses, for example by making rules to control monopolies: »In the debate on the enforcement of competition law, many take the view that… …   Financial and business terms

  • Competition Commission —    The UK regulator of monopolies, mergers and anti competitive activities.    ■ www.competition commission.org.uk ■ * * * Competition Commission UK US noun COMMERCE, GOVERNMENT, LAW ► in the UK, an organization that makes sure that there is fair …   Financial and business terms

  • Competition Commission — a body charged with controlling cartels, monopolies and mergers and hearing appeals against the Director General of Fair Trading in such matters. Its decisions may be challenged in the High Court or the Court of Session in Scotland. It is… …   Law dictionary

  • Competition Commission of India — is a body of the Government of India responsible for enforcing The Competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition in India. It was established on 14 October, 2003. Contents 1 The… …   Wikipedia