horizontal agreement

horizontal agreement
An agreement entered into between competing producers or dealers, whereby they seek to control the market price off a commodity. 52 Am J1st Tradem § 173.

Ballentine's law dictionary. . 1998.

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  • horizontal agreement — n: an agreement among economic competitors on the same level of production or distribution compare vertical agreement ◇ Horizontal agreements are generally considered illegal as violating antitrust laws. Merriam Webster’s Dictionary of Law.… …   Law dictionary

  • horizontal — hor‧i‧zon‧tal [ˌhɒrˈzɒntl◂ ǁ ˌhɑrˈzɑːntl◂] adjective HUMAN RESOURCES 1. a horizontal organization has no or few levels of management: • a horizontal organization with the emphasis on working as a team 2. relating to the same level in an… …   Financial and business terms

  • horizontal restrictions — See horizontal agreement. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • horizontal restraint — n: a restraint of trade involving an agreement among competitors at the same distribution level for the purpose of minimizing competition Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Horizontal territorial allocation — is an agreement among competitors at the same level of distribution of a product or service to solicit customers only within a certain geographic area. The competitors who agree to this type of arrangement will often reject business from… …   Wikipedia

  • horizontal restraints of trade — A restraint of trade involving businesses at the same level of operation. A horizontal restraint is an agreement between competitors to refuse to deal with one or more persons, while a vertical restraint (vertical restraints of trade) involves… …   Black's law dictionary

  • horizontal restraints of trade — A restraint of trade involving businesses at the same level of operation. A horizontal restraint is an agreement between competitors to refuse to deal with one or more persons, while a vertical restraint (vertical restraints of trade) involves… …   Black's law dictionary

  • vertical agreement — ver·ti·cal agreement / vər ti kəl / n: an agreement among economic competitors on different levels of production or distribution that affects competition compare horizontal agreement ◇ Unlike horizontal agreements, vertical agreements are not… …   Law dictionary

  • Vertical agreement — A vertical agreement is a term used in competition law to denote agreements between firms up or down the supply chain from one another. For instance, between a manufacturer of electronic gadgets like Sony might have a vertical agreement with and… …   Wikipedia

  • De minimis — is a Latin expression meaning about minimal things, normally in the locutions de minimis non curat praetor ( The praetor does not concern himself with trifles ) or de minimis non curat lex ( The law does not concern itself with trifles ).[1][2]… …   Wikipedia

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