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Vertical Agreement

   Also found in: Wikipedia 0.01 sec.
Vertical Agreement
An agreement between two companies at different levels of the supply chain to work together. At its worst, a vertical agreement can indicate collusion. However, this is ordinarily not the case; a franchise contract, for example, is a vertical agreement.


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Ignoring the well-founded and substantiatedC* arguments submitted during the procedure, the CPC adopted the charge of supposed vertical agreement between the company and its petrol stations," an EKO statement said.
This critical factor in determining the potential anticompetitive effect of exclusive vertical agreements is discussed in Part II.
17 KJE6478 Since June 2000, explains Hildebrand, new European competitive rules on distribution and supply agreements--vertical agreements--focus on the economic impact rather than on formal structural arrangements, and companies are required to do a self-assessment of the possible economic consequences of their vertical agreements.
 
 
 
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