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FINDLAW LEGAL DICTIONARY

The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.

Horizontal Agreement

horizontal agreement n

: an agreement among economic competitors on the same level of production or distribution compare vertical agreement NOTE: Horizontal agreements are generally considered illegal as violating antitrust laws.



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.