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Simple English definitions for legal terms

vertical price-fixing

Read a random definition: irremediable or irretrievable breakdown

A quick definition of vertical price-fixing:

Vertical price-fixing is when manufacturers and retailers work together to set a fixed price for a product, controlling its resale price. This is different from horizontal price-fixing, which is when competitors on the same level, such as retailers, agree to set a fixed price for a product. Price-fixing is illegal because it goes against the free market and can harm the economy.

A more thorough explanation:

Vertical price-fixing is when parties in the same chain of distribution, such as manufacturers and retailers, try to control the resale price of an item. This is different from horizontal price-fixing, which is when competitors on the same level, such as retailers throughout an industry, fix prices.

Price-fixing is the artificial setting or maintenance of prices at a certain level, which goes against the workings of a free market. It is usually illegal under antitrust law because it eliminates price competition and can harm the economy.

For example, if a manufacturer of a popular brand of sneakers tells retailers that they can only sell the sneakers at a certain price, this is vertical price-fixing. The manufacturer is trying to control the resale price of the sneakers and eliminate price competition among retailers. This can lead to higher prices for consumers and harm the economy.

vertical nonprivity | vertical restraint

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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