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Simple English definitions for legal terms

vertical trust

Read a random definition: internal-security act

A quick definition of vertical trust:

Vertical trust: A type of business combination where one company owns multiple businesses or factories that are involved in different stages of making or selling a product. For example, a company that owns a farm, a food processing plant, and a grocery store would be a vertical trust. This can sometimes be a problem if it leads to unfair competition or higher prices for consumers.

A more thorough explanation:

Definition: A vertical trust is a type of combination where multiple businesses or plants engaged in successive stages of production or marketing are brought together under a single ownership.

Example: A company that owns a farm, a food processing plant, and a grocery store is an example of a vertical trust. The company controls the production, processing, and distribution of the food from start to finish.

Explanation: In a vertical trust, the company has control over multiple stages of the production or marketing process. This can lead to increased efficiency and lower costs, but it can also lead to anti-competitive behavior if the company uses its power to limit competition or raise prices.

vertical restraint | vertical union

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Honestly, I might put a Chi R on my app page since I withdrew due to missed II waves
is that crazy or does that ruin the data?
choosingpeace
15:36
don't do that
lilypadfrog
15:36
I would mark just that you withdrew it
o shi ok
it just feels like I left before the WL or R, feels fake as hell. I guess I'll put withdraw on it
choosingpeace
15:37
anyone been to the city of philly plzzz tell me what ur experience was like
cumsock
15:37
@choosingpeace: Philly doesn’t stink whoever said that is dumb
cumsock
15:38
It’s the 6th biggest city in the country there is plenty to do and eat and so on and so forth of course it has bad areas but so does every city
why would you withdraw girl
15:38
@ImpartialLion: nah cuz there’s no way of knowing if they would’ve sent u an II later on
15:38
Isn’t uchicago like Top 4 tho
choosingpeace
15:38
@cumsock: they said there's like nothing to do there lol
choosingpeace
15:38
ive never been so i was just like ohhh
texaslawhopefully
15:38
UChicago is number one
^ period
u know it was a double thing. I missed II and my gf didn't want to live in the midwest anymore
15:39
But it’s fucking uchicago thooo LOL
15:39
I
15:40
Makes sense tho
cumsock
15:40
@choosingpeace: there’s plenty to do in Philly 😂 it’s a giant city
So after missing the II, I was like whatever. Maybe it's a sign to withdraw
nah making decisions off the gf is out of pocket
nahhhhh we been together since 10th grade
texaslawhopefully
15:40
I guess it depends what your goals are. If it's generic biglaw, CLS will get you the same outcome
6 yrs on January 30th
lilypadfrog
15:40
awwww <3 i love love
I also like CLS for liberal clerking. approx 41 FCOA clerks per yr
It's there if I excel. if not then I'm chill with sticking to BL
texaslawhopefully
15:41
CLS is not even close to Chicago for clerking lmao
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