If three paper product companies are in an agreement, this is an example of a _______agreement.

Name: If three paper product companies are in an agreement, this is an example of a _______agreement.
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

A horizontal agreement is an agreement between companies that are in the same industry and are competitors with each other. In this scenario, the three paper product companies are in the same industry and thus their agreement is a horizontal agreement.

If Three Paper Product Companies Are in an Agreement, This