horizontal restraint

noun

: a restraint of trade involving an agreement among competitors at the same distribution level for the purpose of minimizing competition

Dictionary Entries Near horizontal restraint

Cite this Entry

“Horizontal restraint.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/horizontal%20restraint. Accessed 25 Apr. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!