Prohibited "Monopoly Agreements"
The Anti-Monopoly Law prohibits "monopoly agreements" - agreements between competing businesses or trading partners containing certain restrictions on competition. "Horizontal" monopoly agreements include agreements between competitors to fix prices, limit production or sales volumes, share markets, restrict technology purchases or development, or to boycott competitors or customers. "Vertical" monopoly agreements include agreements between a company and its trading partners to fix resale prices, or to restrict minimum resale prices to third parties.