Horizontal Agreement

An agreement between two companies at the same level on the supply chain to work together. At its worst, a horizontal agreement can indicate collusion. However, this is ordinarily not the case; for example, companies may agree to pool their marketing resources for mutual benefit.

Mentioned in

Horizontal

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.