Horizontal Agreements

Horizontal agreements refer to arrangements between companies that operate at the same level of the market, often competitors. These agreements can involve collaboration on pricing, production, or marketing strategies, and they can lead to anti-competitive behavior, such as price-fixing or market sharing. Such practices are typically illegal in many jurisdictions because they can restrict competition, harm consumers by leading to higher prices, and limit innovation. Regulatory authorities closely monitor and investigate these agreements to ensure fair competition in the marketplace.