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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词条贡献者

双语律师郭敏，国际知名商学院金融专业，擅长翻译各类与金融衍生品与结构化产品相关的法律文件。