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Trade trust

Defined in 1 dictionary — Ballentine's (1916)

Ballentine's Law Dictionary

James A. Ballentine · 1916

A contract, combination, confederation or understanding, express or implied, written or oral, between two or more persons, to control the price of a commodity or services for the benefit of the parties thereto, and to the injury of the public, and which tends to create a monopoly. See 60 W. Va. 508, 116 Am. St. Rep. 901, 9 Ann. Cas. 667, 10 L. R. A. (N. S.) 268, 56 S. E. 264.