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Standstill |
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Standstill1. 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.Similar MatchesStandstill agreementStandstill agreementContract by which the bidding firm in a takeover attempt agrees to limit its holdings of another firm. |
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