Define: Concerted Action

Concerted Action
Concerted Action
Full Definition Of Concerted Action

Concerted action refers to a situation where two or more parties work together to achieve a common goal or objective. In the legal context, concerted action may be subject to antitrust laws if it results in anti-competitive behaviour or market manipulation. The legality of concerted action depends on the specific circumstances and intent of the parties involved.

Concerted Action FAQ'S

Answer: Concerted action refers to a group of individuals or entities working together towards a common goal or objective.

Answer: Concerted action is legal as long as it does not violate any antitrust laws or other legal regulations.

Answer: Examples of concerted action include labor strikes, boycotts, and joint ventures.

Answer: No, concerted action to fix prices is illegal and violates antitrust laws.

Answer: No, employers cannot prohibit employees from engaging in concerted action as it is protected under the National Labor Relations Act.

Answer: Competitors can engage in concerted action as long as it does not violate antitrust laws or result in anti-competitive behavior.

Answer: Yes, individuals can be held liable for engaging in illegal concerted action.

Answer: Yes, concerted action can be used to promote social or political causes as long as it does not violate any laws or regulations.

Answer: Yes, businesses can engage in concerted action with government agencies as long as it is legal and does not violate any laws or regulations.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 5th April 2024.

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