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Standstill agreement |
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Standstill agreementContract by which the bidding firm in a takeover attempt agrees to limit its holdings of another firm.Standstill agreement Similar MatchesStandstillStandstill1. A commmitment to refrain from introducing new measures that are not consistent with an agreement. 2. In the Uruguay Round, the agreement not to introduce new GATT-inconsistent trade-restricting and trade-distorting measures during the negotiations. See rollback. |
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