vertical restraint

vertical restraint
vertical restraint n: a restraint of trade involving parties (as manufacturers and wholesalers) at different levels of a market structure

Merriam-Webster’s Dictionary of Law. . 1996.

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  • 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

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