Business Studies, asked by pcharan7080, 1 year ago

Agreement between parties at different levels of the chain of distribution is called

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Answered by MoonGurl01
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A vertical agreement is a term used in competition law to denote agreements between firms at different levels of the supply chain. For instance, a manufacturer of consumer electronics might have a vertical agreement with a retailer according to which the latter would promote their products in return for lower prices.

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