concerted practice definition

concerted practice means co-operative or co-ordinated conduct between firms, achieved through direct or indirect contact, that replaces their independent action, but which does not amount to an agreement;
concerted practice means cooperative or coordinated conduct between firms, achieved through direct or indirect contact, which replaces their independent action, but which does not amount to an agreement;
concerted practice means any form of coordination between licensees which involves direct or indirect contact or communication between licensees, the object or effect of which is either -

More Definitions of concerted practice

concerted practice means any form of coordination between enterprises which knowingly substitutes practical co-operation between them for the risks of competition, and includes any practice which involves direct or indirect contact or communication between enterprises, the object or effect of which is either —
concerted practice means deliberate conjoint conduct between undertakings achieved through direct or indirect contact that replaces their independent actions;
concerted practice means an action planned and done in unison by a firm or combination of firms which is anti-competitive;
concerted practice. : means co-ordination between airlines that, without having reached the stage where an agreement properly so-called has been concluded, knowingly substitutes practical co-operation to the exclusion of competition.
concerted practice means a practice which involves some form of communication or coordination between competitors falling short of an actual agreement but which replaces their independent action and restricts or lessens competition between them;
concerted practice means a practice involving contacts or communications between competitors falling short of an actual agreement but which nonetheless restricts competition between them;
concerted practice means the coordinated action or inaction of two or more undertakings.