The Types of Vertical Agreements and the Restraints Therein in Terms of Competition Law
Keywords:
vertical agreements, vertical restraints, efficiency, restriction.Abstract
In this article we discuss vertical agreements and vertical restraints. In general, vertical restraints are not as harmful as horizontal ones. They can lead to some economic efficiency in production and distribution of goods and services. However, in some cases they may result in restriction of competition on the market. Assessment of legal context of an agreement as well as economic analysis is necessary for the vertical restraints.
References
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