vertical

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 prices between producers and wholesalers or distributors, between producers and retailers, or between wholesalers or distributors and retailers. An agreement between a supplier and a distributor, relating to the price at which the distributor will resell the supplier's product; also known as resale price maintenance, it exists if manufacturer or wholesaler suggests resale prices to his retailer and then secures compliance with those prices by doing more than announcing his price policy and refusing to deal. Levicoff v. General Motors Corp., D.C.Pa., 551 F.Supp. 98, 104.
Such agreements are prohibited by antitrust laws.
See Monsanto Co. v. Spray-Rite Service Corp., 465 U.S. 752, 760, 104 S.Ct. 1464, 1469, 79 L.Ed.2d 775.
See also price-fixing
@ vertical restraints of trade
Anticompetitive agreements between entities operating at different levels of market structure, such as manufacturers and distributors (e.g., vertical price-fixing; tying arrangement). Cha-Car, Inc. v. Calder Race Course, Inc., C.A.Fla., 752 F.2d 609, 614.
See also tying arrangement
- vertical price-fixing contract
@ vertical nonprice restraint
@ vertical non-price restraint
A vertical restriction imposed by a supplier on its dealers, which does not govern the resale price.
See tying arrangement
@ vertical price restraint
A vertical restriction imposed by a supplier on its dealers, which governs the price at which the product can be resold.
- vertical price-fixing contract
@

Black's law dictionary. . 1990.

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Synonyms:
(to the horizon), ,


Look at other dictionaries:

  • vertical — vertical, ale, aux [ vɛrtikal, o ] adj. et n. • 1587; point vertical 1545; bas lat. verticalis, de vertex, verticis « sommet » I ♦ Adj. 1 ♦ Qui suit la direction de la pesanteur, du fil à plomb en un lieu; perpendiculaire à un plan horizontal.… …   Encyclopédie Universelle

  • Vertical — Ver ti*cal, a. [Cf. F. vertical. See {Vertex}.] [1913 Webster] 1. Of or pertaining to the vertex; situated at the vertex, or highest point; directly overhead, or in the zenith; perpendicularly above one. [1913 Webster] Charity . . . is the… …   The Collaborative International Dictionary of English

  • vertical — ver‧ti‧cal [ˈvɜːtɪkl ǁ ˈvɜːr ] adjective 1. HUMAN RESOURCES a vertical organization, system etc is one in which decisions and rules are passed on to employees through several different levels of management: • Our team has abandoned the vertical… …   Financial and business terms

  • vertical — VERTICÁL, Ă, verticali, e, adj. Care este orientat perpendicular pe un plan orizontal; care are direcţia căderii corpurilor; (sens curent) care este orientat drept (în sus). ♢ Dreaptă verticală = dreaptă care uneşte un punct de pe pământ cu… …   Dicționar Român

  • vertical — vertical, perpendicular, plumb can mean situated at right angles to the plane of the horizon or extending from that plane at such an angle. Vertical suggests a relation to the vertex or topmost point (see APEX 1); it is used most often when the… …   New Dictionary of Synonyms

  • vertical — vertical, ale (vèr ti kal, ka l ) adj. 1°   Qui est placé haut au dessus de la tête, du vertex. •   Lorsque le soleil, au Capricorne, échauffe pendant trois semaines l île de France de ses feux verticaux...., BERN. DE ST PIERRE Paul et Virg..… …   Dictionnaire de la Langue Française d'Émile Littré

  • Vertical — Vertical, adj. & adv. welches aus dem Latein. verticalis entlehnet ist, scheitelrecht, so wie perpendiculär durch senkrecht gegeben wird. Einen Mörser vertical richten. Daher die Vertical Fläche, welche auf der horizontalen Fläche senkrecht… …   Grammatisch-kritisches Wörterbuch der Hochdeutschen Mundart

  • Vertical — Ver ti*cal, n. 1. Vertical position; zenith. [R.] [1913 Webster] 2. (Math.) A vertical line, plane, or circle. [1913 Webster] {Prime vertical}, {Prime vertical dial}. See under {Prime}, a. [1913 Webster] …   The Collaborative International Dictionary of English

  • vertical — (Del lat. verticālis). 1. adj. Geom. Dicho de una recta o de un plano: Que es perpendicular a otra recta o plano horizontal. 2. Que tiene la dirección de una plomada. U. t. c. s. f.) 3. Que, en figuras, dibujos, escritos, impresos, etc., va de la …   Diccionario de la lengua española

  • Vêrtical — Datos generales Origen Lima, Perú Información artística …   Wikipedia Español

  • vertical — adj. 2 g. 1. Que forma um ângulo reto com o plano do horizonte (ex.: plano vertical). 2. Que está colocado no vértice. 3. Direito, aprumado. 4. Que está organizado segundo um esquema hierárquico (ex.: estruturas verticais de um organismo). • s. f …   Dicionário da Língua Portuguesa

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