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LSDefine

Simple English definitions for legal terms

horizontal scheme

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A quick definition of horizontal scheme:

Horizontal scheme refers to illegal activities that occur between competitors in a market. These activities break antitrust laws and include price fixing, bid rigging, and market allocation. Price fixing is when competitors agree to set or maintain prices at a certain level. Bid rigging is when companies agree in advance to determine the successful bidder for a project at a set price. Market allocation is when competitors agree to divide up a market between them instead of competing openly. These activities are illegal and can result in criminal prosecution. Evidence of meetings or communication between competitors can help detect these activities.

A more thorough explanation:

Horizontal scheme refers to illegal activities that occur between competitors in a market, which violate antitrust laws. These activities include:

  • Price fixing: When two or more competitors agree to set, raise, or maintain the prices of their goods or services at a certain level. This can happen at the wholesale or retail level.
  • Bid rigging: When companies agree in advance to determine the successful bidder for a project at a set price.
  • Market allocation: When competitors agree to divide up a market between them, rather than compete in an open market.

These activities are considered illegal and can result in criminal prosecution. The most effective way to detect these activities is through careful examination of records and evidence of meetings or communication between competitors.

For example, if two competing companies in the same industry agree to set the same price for their products, this is considered price fixing. This eliminates competition and can lead to higher prices for consumers. Similarly, if two companies agree to divide up a market between them, this limits consumer choice and can lead to higher prices as well.

homicide | hornbook law

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@BulbasaurNoLikeCardio: i mean getting paid for their incompetence is based
18:15
they think you are going to attack dj trump
BulbasaurNoLikeCardio
18:18
@BulbasaurNoLikeCardio: they blaimed it on their IT team for not updating it as out of stock when I paid but like buying something in stock in September then being told I won't get it until mid January is pretty wild. I do not hunt anymore but their mistake would of caused me to miss the entire season. If it wasn't so hard to get left handed ARs I would of gone elsewhere
oh that's kind of worth more than $140
that's at least $300
18:19
@BulbasaurNoLikeCardio: what you gonna do when january hits and they are like "it still isnt here come back in april"
BulbasaurNoLikeCardio
18:20
Its a $600 part, they already covering shipping and paying the tax so $140 is an additional 25% off.
BulbasaurNoLikeCardio
18:20
If it doesn't come January I am going to just say fuck it and toss everything on the right handed upper and just eat gas.
18:21
You should have said to refund you or give 300 off
18:21
wasp is wasp
18:21
knows how be rich and demand shit lmfao
i am atheist not protestant
18:22
same thing tho ya? - catholic
BulbasaurNoLikeCardio
18:23
Ill just keep arguing for more money off until I get it or they end up paying me to take it lmao
18:24
what other guns ya got
are we losing hope for gtown lol
yeah i dont think gtown does A's this late unfortunately
18:25
it is like 630 on a friday there bud
18:25
think it is safe to say it aint happenin today\
damn it was a slow day today
BulbasaurNoLikeCardio
18:26
I got a custom built Leftie ar15 I run suppressed, a regular ar15, a .270 axis savage bolt gun, xd9, xd40 and have my AR10 I run suppressed.
BulbasaurNoLikeCardio
18:26
I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R
18:28
ruin my thanksgiving law schools uwu
PerpetualCheerfulBeaver
18:53
I really thought a texas schools wave was going to hit today...guess it will be December 1
7Rings
19:00
No news is good news 😜
PerpetualCheerfulBeaver
19:10
the mentality im embracing
ClassyPleasantHeron
19:23
You will see some A waves next week, just before Thanksgiving. Schools like to give people things to talk about over the holidays.
19:26
my predict monday berk from earlier td
snow
19:33
Oregon decision rendered…
snow
19:33
Bro why don’t they just tell me lol
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