Law Dictionary
horizontal agreement
noun
Legal Definition of horizontal agreement
: an agreement among economic competitors on the same level of production or distribution — compare vertical agreement
Explore Merriam-Webster
Additional Notes on horizontal agreement
Horizontal agreements are usually held to violate antitrust laws.
Seen and Heard
What made you want to look up horizontal agreement? Please tell us where you read or heard it (including the quote, if possible).
Writing? Check your grammar now!