Refusal to deal
Encyclopedia
Refusal to deal is one of several anti-competitive practices
forbidden in countries which have restricted market economies. For example:
(1832-1897), a British land agent. In 1880, the Irish Land League started conducting a campaign to stop the exploitation of tenant farmers, based on the three F's: Fair rent, Fixity of tenure, and Free sale. As a result, laborers on the farm of John Crichton, 3rd Earl Erne
, Boycott's employer, refused to harvest. Charles attempted to intervene with the Irish campaign, but he was ostracized by the community and stopped. As a result, the verb "to boycott" stuck.
Anti-competitive practices
Anti-competitive practices are business or government practices that prevent or reduce competition in a market .- Anti-competitive practices :These can include:...
forbidden in countries which have restricted market economies. For example:
History
A group boycott was originated from Charles BoycottCharles Boycott
Captain Charles Cunningham Boycott was a British land agent whose ostracism by his local community in Ireland as part of a campaign for agrarian tenants' rights in 1880 gave the English language the verb to boycott, meaning "to ostracise"...
(1832-1897), a British land agent. In 1880, the Irish Land League started conducting a campaign to stop the exploitation of tenant farmers, based on the three F's: Fair rent, Fixity of tenure, and Free sale. As a result, laborers on the farm of John Crichton, 3rd Earl Erne
John Crichton, 3rd Earl Erne
John Crichton, 3rd Earl Erne KP was an Anglo-Irish peer and politician.Erne succeeded his uncle as third Earl Erne in 1842. In 1845 he was elected an Irish Representative Peer in the House of Lords, which he remained until his death. He also served as Lord Lieutenant of County Fermanagh from 1845...
, Boycott's employer, refused to harvest. Charles attempted to intervene with the Irish campaign, but he was ostracized by the community and stopped. As a result, the verb "to boycott" stuck.
See also
- Competition lawCompetition lawCompetition law, known in the United States as antitrust law, is law that promotes or maintains market competition by regulating anti-competitive conduct by companies....
- Essential facilities doctrineEssential facilities doctrineThe essential facilities doctrine is a legal doctrine which describes a particular type of claim of monopolization made under competition laws. In general, it refers to a type of anti-competitive behavior in which a firm with market power uses a "bottleneck" in a market to deny competitors entry...
- Commercial lawCommercial lawCommercial law is the body of law that governs business and commercial transactions...
- Exclusive dealingExclusive dealingExclusive dealing refers to when a retailer or wholesaler is ‘tied’ to purchase from a supplier on the understanding that no other distributor will be appointed or receive supplies in a given area...
- Market economyMarket economyA market economy is an economy in which the prices of goods and services are determined in a free price system. This is often contrasted with a state-directed or planned economy. Market economies can range from hypothetically pure laissez-faire variants to an assortment of real-world mixed...