单词 | Restrictive Practices Court |
释义 | Restrictive Practices Court = (RPC) A UK court set up under the Restrictive Trade Practices Acts to judge whether restrictive trading agreements were in the public interest. The RPC was abolished in 1998, when its functions were transferred to the new Competition Commission (CC). The court was required under the Acts to rule against agreements unless they could be justified by reference to a list of factors, or ‘gateways’. These are: (1) that the restriction is necessary for public safety; (2) that it confers substantial benefits on consumers; (3) that it neutralizes monopolistic activities of others; (4) that it is necessary to negotiate fair terms with strong buyers or sellers; (5) that its removal would cause localized unemployment; (6) that its removal would damage exports; and (7) that it is necessary to support other restrictive practices adjudged to be in the public interest. |
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