When two parties at different levels in the manufacturing and distribution process make an agreement that restrains trade, they have made a ________ restraint against trade.

Question

Quizplus · Accepted Answer

When two parties at different levels in the manufacturing and distribution process (for example, a manufacturer and a retailer) make an agreement that restrains trade, they have made a vertical restraint against trade. Horizontal restraints, by contrast, occur between competitors operating at the same level of the market.

When Two Parties at Different Levels in the Manufacturing and Distribution