What is another term for a classic group boycott?

The term "classic group boycott" is best represented by the phrase "concerted refusal to deal." This term refers to a situation where a group of businesses or individuals collectively decides not to engage in business transactions with a particular entity or person. This type of action is typically taken in an effort to harm or pressure the target to comply with certain demands.

In the context of antitrust law, a concerted refusal to deal can lead to competitive harm by restricting market access for the targeted party. It is often seen as an attempt to eliminate competition or to control market dynamics, which can be illegal depending on the jurisdiction. Understanding this term is crucial for those studying real estate risk management, as it highlights the importance of fair competition and ethical business practices.

The other terms refer to different concepts. Collective bargaining involves negotiations between employers and groups of employees, price fixing relates to an agreement among competitors to set prices at a certain level, and market allocation involves competitors agreeing to divide markets among themselves to reduce competition. Each of these terms carries distinct meanings and implications in the realm of business practices and law, separate from the actions taken in a classic group boycott.