horizontal restraints of trade

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 combinations of parties on different levels of the distribution system. Both types of restraints constitute per se violations of Sherman Antitrust Act. Sakamoto v. Duty Free Shoppers, Ltd., D.C. Guam, 613 F.Supp. 381, 391.

Black's law dictionary. . 1990.

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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 agreements — Agreements among competitors at same level of distribution. Gilchrist Machinery Co., Inc. v. Komatsu America Corp., D.C.Miss., 601 F.Supp. 1192, 1199. See horizontal restraints of trade …   Black's law dictionary

  • horizontal agreements — Agreements among competitors at same level of distribution. Gilchrist Machinery Co., Inc. v. Komatsu America Corp., D.C.Miss., 601 F.Supp. 1192, 1199. See horizontal restraints of trade …   Black's law dictionary

  • restraint of trade — 1: an act, fact, or means of curbing the free flow of commerce or trade covenant not to compete with an employer after leaving is in restraint of trade and must be reasonable to be enforced 2: an attempt or intent to eliminate or stifle… …   Law dictionary

  • Federal Trade Commission — Infobox Government agency agency name = Federal Trade Commission logo = logo width = logo caption = seal width = 150 px seal caption = Official seal formed = September 26, 1914 preceding1 = Bureau of Corporations jurisdiction = Federal government …   Wikipedia

  • vertical — Pertaining to a relationship between a buyer and a seller e.g., an agreement between a supplier and a retail dealer is called a vertical agreement. See also vertical integration @ vertical price fixing contract An illegal agreement to maintain… …   Black's law dictionary

  • Sherman Antitrust Act — Sen. John Sherman (R OH), the principal author of the Sherman Antitrust Act …   Wikipedia

  • Competition law — Antitrust redirects here. For the 2001 film, see Antitrust (film). For laws specific to the U.S., see United States antitrust law. Competition law Basic concepts …   Wikipedia

  • Diane Wood — Judge of the Court of Appeals for the Seventh Circuit Incumbent Assumed office June 30, 1995 Nominated by Bill Clinton Preceded by …   Wikipedia

  • Resale price maintenance — (RPM) is the practice whereby a manufacturer and its distributors agree that the latter will sell the former s product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a… …   Wikipedia

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