RESTRAINT OF TRADE.
IMPORTANT DECISION. JvWER COURT’S DECISION UPSET Per Press A ssoeiation—Copyright. SYDNEY, May 17. The High Court delivered a decision importantly affecting co-operative companies in regard to the restraint of trade. The Court, upsetting the lower Court’s decision, held that where a co-operative company binds its members to supply all their produce to the company for a long period, the rule is invalid, and in restraint of trade unless the member can cease to become a member whenever he pleases. In this case the defendant’s share would not be fully paid up and he could not get out when he pleased. i The decision is the first of its kind ' given in Australia by the High Court.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WDA19220518.2.44
Bibliographic details
Waimate Daily Advertiser, Volume XXIII, 18 May 1922, Page 8
Word Count
119RESTRAINT OF TRADE. Waimate Daily Advertiser, Volume XXIII, 18 May 1922, Page 8
Using This Item
The Waimate Historical Society is the copyright owner for the Waimate Daily Advertiser. Please see the Copyright guide for information on how you may use this title.
Log in