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LSDefine

Simple English definitions for legal terms

horizontal restraint

Read a random definition: C.O.D.

A quick definition of horizontal restraint:

A horizontal restraint is when businesses at the same level of distribution make an agreement to limit competition, create a monopoly, or raise prices. This is usually illegal, but can be considered reasonable if it benefits both parties and the public. It is called "horizontal" because it involves competitors at the same level.

A more thorough explanation:

A horizontal restraint is a type of restraint of trade that is imposed by an agreement between competitors at the same level of distribution. This means that businesses at the same level, such as two retailers or two manufacturers, agree to limit competition between them.

For example, two gas stations in the same town might agree to keep their prices at the same level, even if one of them could charge more. This would be a horizontal restraint because it is an agreement between two businesses at the same level of distribution.

Horizontal restraints are usually illegal because they limit competition and can lead to higher prices for consumers. However, they may be considered reasonable if they are in the best interests of both parties and the public.

It is important to note that a horizontal restraint is different from a vertical restraint, which is an agreement between firms at different levels of distribution, such as a manufacturer and a retailer.

Overall, horizontal restraints are a type of antitrust violation that can harm competition and consumers.

horizontal-property act | horizontal union

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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