vertical price–fixing

vertical price–fixing
vertical price–fixing n: an illegal arrangement in which parties at different levels of a system of production and distribution act to fix the market price of goods; esp: resale price maintenance compare horizontal price-fixing
◇ Vertical price-fixing is a per se violation of antitrust laws.

Merriam-Webster’s Dictionary of Law. . 1996.

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  • vertical price-fixing agreement — An agreement between the manufacturer or dealer in an article with purchasers who buy numbers of such article for resale in the course of business, having the purpose of controlling the resale or retail price. 52 Am J1st Tradem § 173 …   Ballentine's law dictionary

  • price fixing — n. Conspiring with other individuals or companies in the same business to set prices instead of letting them be set by market forces, usually to restrict competition. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc …   Law dictionary

  • price–fixing — price–fix·ing / prīs ˌfik siŋ/ n: the usu. illegal setting of prices artificially (as by producers) contrary to free market operations see also horizontal price fixing, vertical price fixing Merriam Webster’s Dictionary of Law. Merriam Webster.… …   Law dictionary

  • price fixing, vertical — n. Price fixing done between levels of production, such as between retailer and manufacturer, manufacturer and supplier, etc. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • horizontal price–fixing — horizontal price–fix·ing n: a generally illegal arrangement among competitors to charge the same price for an item compare vertical price fixing Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • vertical — ver‧ti‧cal [ˈvɜːtɪkl ǁ ˈvɜːr ] adjective 1. HUMAN RESOURCES a vertical organization, system etc is one in which decisions and rules are passed on to employees through several different levels of management: • Our team has abandoned the vertical… …   Financial and business terms

  • vertical — Pertaining to a relationship between a buyer and a seller e.g., an agreement between a supplier and a retail dealer is called a vertical agreement. See also vertical integration @ vertical price fixing contract An illegal agreement to maintain… …   Black's law dictionary

  • price — The cost at which something is obtained. Something which one ordinarily accepts voluntarily in exchange for something else. The consideration given for the purchase of a thing. Amount which a prospective seller indicates as the sum for which he… …   Black's law dictionary

  • Resale price maintenance — (RPM) is the practice whereby a manufacturer and its distributors agree that the latter will sell the former s product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a… …   Wikipedia

  • resale price maintenance — An agreement between a manufacturer and retailer that the latter should not resell below a specified minimum price. Such schemes operate to prevent price competition between the various dealers handling a given manufacturer s product with the… …   Black's law dictionary

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