An agreement to allocate geographical areas among competitors is called a _______ territorial agreement.

Name: An agreement to allocate geographical areas among competitors is called a _______ territorial agreement.
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Question

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Territorial agreements restrain trade by allocating geographical areas among competitors. They may be either horizontal or vertical. Competing businesses may enter into a horizontal territorial agreement for the purpose of giving each an exclusive territory.

An Agreement to Allocate Geographical Areas Among Competitors Is Called