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By this definition, the term VER is a generic reference for all bilaterally agreed measures to restrain exports. [1] They are sometimes referred to as 'Export Visas'. [2] The restraint could be a preset limit, a reduction in the exported amount, or a complete restriction. [3]
An export quota is a limit on the amount of goods that can be exported from a country. There are different reasons for imposing export quotas from a country. These reasons include guaranteeing of the supply of the products that are in shortage in the domestic market, manipulation of the prices on the international level, and the control of ...
Export restrictions, or a restriction on exportation, are limitations on the quantity of goods exported to a specific country or countries by a Government. Export restrictions could be aimed at achieving diverse policy objectives such as environmental protection, economic welfare, social wellbeing, conversion of natural resources, and controlling inflationary pressures.
Restraint of trade in England and the UK was and is defined as a legal contract between a buyer and a seller of a business, or between an employer and employee, that prevents the seller or employee from engaging in a similar business within a specified geographical area and within a specified period.
The English common law of restraint of trade is the direct predecessor to modern competition law later developed in the US. [23] It is based on the prohibition of agreements that ran counter to public policy, unless the reasonableness of an agreement could be shown. It effectively prohibited agreements designed to restrain another's trade.
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A post-sale restraint, also termed a post-sale restriction, as those terms are used in United States patent law and antitrust law, is a limitation that operates after a sale of goods to a purchaser has occurred and purports to restrain, restrict, or limit the scope of the buyer's freedom to utilize, resell, or otherwise dispose of or take action regarding the sold goods. [1]
A United Airlines passenger was reportedly restrained by multiple fellow travelers after he started repeatedly stomping on his own seat mid-flight. United Flight 502 was heading to Los Angeles ...