Vertical agreement

Vertical agreement in the European Union Law

Concept of Vertical agreement provided by the “Glossary of terms used in EU competition policy” (Antitrust and control of concentrations, published in 2002): Agreement or concerted practice entered into between two or more undertakings each of which operates, for the purposes of the agree-ment, at a different level of the production or distribution chain, and relating to the conditions under which the parties may purchase, sell or resell certain goods or services.

(See so-called 'vertical guidelines': Commission notice — guidelines on vertical restraints (OJ C 291, 13.10.2000, p. 1).)