Abstract
A vertical agreement is an agreement or arrangement between two or more undertakings operating at different levels of the production or distribution chain and producing complementary, rather than competing, products or services. Such an agreement may be entered into, for example, between the manufacturer of a component and the producer of a product that uses that component, or between a producer and its distributors. Vertical agreements stipulate the conditions under which undertakings at different levels of the production and distribution chain may buy or sell goods or services.
| Original language | English |
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| Number of pages | 2 |
| Specialist publication | Global Dictionary of Competition Law |
| Publication status | Published - 18 Mar 2024 |