horizontal restraint

A restraint of trade imposed by agreement between competitors at the same level of distribution.

• The restraint is horizontal not because it has horizontal effects, but because it is the product of a horizontal agreement.

— Also termed horizontal agreement.


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译员何巍,毕业于欧洲一流的高级翻译学院,专注翻译各种与生命科学有关的法律文件。
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