gentlemen's agreement
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両社は価格競争を避けるために紳士協定を結んだ。
The two companies made a gentleman’s agreement to avoid price competition.
それは法的拘束力のない紳士協定にすぎない。
It is nothing more than a gentleman’s agreement with no legal force.
業界内では暗黙の紳士協定が存在していた。
There was an unspoken gentleman’s agreement within the industry.