/rɪˈstreɪnt ʌv treɪd/ – Phrase
Definition: hạn chế tự do mậu dịch, hạn chế hoạt động nghề nghiệp.
A more thorough explanation: Restraint of trade refers to any agreement, practice, or behavior that limits or restricts competition in a particular market or industry. This can include actions such as price-fixing, market allocation, or agreements that prevent individuals or businesses from freely engaging in trade or commerce. Restraints of trade are often considered illegal and may be subject to antitrust laws or regulations.
Example: The non-compete clause in the employment contract was found to be an unreasonable restraint of trade and was therefore unenforceable.