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Từ vựng:

horizontal restraint

Giải nghĩa:

/hɔːrɪˈzɒntəl rɪˈstreɪnt/ – Phrase


Definition: Hạn chế ngang hàng.

A more thorough explanation: a restraint of trade resulting from an agreement between competitors at the same level of production andor distribution (eg between two retailers)

Example: Even without proof of market power, a horizontal restraint affecting price is per se illegal.

 

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