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LSDefine

Simple English definitions for legal terms

vertical price-fixing

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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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BulbasaurNoLikeCardio
10:06
I wanna try a nose peircing to see how it feels. Need a piercer friend who wants to practice on me cause I want to experience it but not keep it
babycat
10:06
You just want to know how it feels to be pierced?
snow
10:07
nose hurt like a bitch, but my tolerance is low
BulbasaurNoLikeCardio
10:07
Yes, I don't think having metal on my face or nips would be fun long term
Dkk
10:07
@BulbasaurNoLikeCardio: I would like that too. I would like to feel that.
honestly any face piercing hurts a lot less than any ear one for me
Dkk
10:07
Man, maybe I will eat another ghost pepper today.
BulbasaurNoLikeCardio
10:07
Like I have my whole body tattooed and dry lined litterally everywhere on my body to just see how it feels
i was so terrified to get my lip done and it was completely fine lmao
but i my industrial was not fun lol
Dkk
10:07
@jackfrost11770: yo you excited for arcane tonight! I haven't slept more than 4 hours in like 3 days.
triplethread
10:08
im back guys my break lasted 24 hours
Dkk
10:08
I feel my strength returning after being sick.
i'm gonna watch it tmrw!! and yes not ready lol omg i can't imagine it'll be a happy ending
triplethread
10:08
my nips are pierced
snow
10:08
thread we hoping kent today lmaooo
triplethread
10:08
YESSS
babycat
10:08
I have a conch that took forever to heal until i switched it to a hoop
snow
10:08
like a sea shell?
triplethread
10:08
Lips scare me more than nips
babycat
10:08
There’s a part of your ear called the conch, bc it’s shaped like that
triple yeah same but it fr didn't hurt at at all it was kinda underwhelming lol
Dkk
10:09
@jackfrost11770: I am gunna make a wild prediction that ekko shows up and uses his chrono shift power to reverse time. Btw, you probably don't know this but Vi - 6, Vander - 5, Jinx - 10, Ekko - 12. Silco -2.
but it's def the visual of having a needle go through your lip that is the scariest part but it was completely fine
BulbasaurNoLikeCardio
10:09
I had a friend who had like 6 piercings in each ear, I was like that has to be loud
no dkk i think the same!!!!
BulbasaurNoLikeCardio
10:09
They would click clack
babycat
10:09
I almost did nipple piercing on a dare once but I would be sad if my nipples looked different
triplethread
10:09
I didnt bleed when i got mine done and they never hurt. I think my body is just really built for piercings because i've never had any rejections its that african tribal blood
Dkk
10:09
@triplethread: did you soak em in like salt water for a year.
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