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Simple English definitions for legal terms

horizontal scheme

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A quick definition of horizontal scheme:

Horizontal scheme refers to illegal activities that occur between competitors in a market. These activities break antitrust laws and include price fixing, bid rigging, and market allocation. Price fixing is when competitors agree to set or maintain prices at a certain level. Bid rigging is when companies agree in advance to determine the successful bidder for a project at a set price. Market allocation is when competitors agree to divide up a market between them instead of competing openly. These activities are illegal and can result in criminal prosecution. Evidence of meetings or communication between competitors can help detect these activities.

A more thorough explanation:

Horizontal scheme refers to illegal activities that occur between competitors in a market, which violate antitrust laws. These activities include:

  • Price fixing: When two or more competitors agree to set, raise, or maintain the prices of their goods or services at a certain level. This can happen at the wholesale or retail level.
  • Bid rigging: When companies agree in advance to determine the successful bidder for a project at a set price.
  • Market allocation: When competitors agree to divide up a market between them, rather than compete in an open market.

These activities are considered illegal and can result in criminal prosecution. The most effective way to detect these activities is through careful examination of records and evidence of meetings or communication between competitors.

For example, if two competing companies in the same industry agree to set the same price for their products, this is considered price fixing. This eliminates competition and can lead to higher prices for consumers. Similarly, if two companies agree to divide up a market between them, this limits consumer choice and can lead to higher prices as well.

homicide | hornbook law

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ParallelAgreeableOrangutan
23:21
I don't visit y'all's profiles enough, clearly
NarrowFaithfulCougar
0:22
@NemoPropheta: Ahh yeah, the Sauna. That's some good Nordic shit. Beats the hot tub hands down. Plus everyone is naked.
1:23
@ParallelAgreeableOrangutan: got that weaponized autism in gear, we out here.
@llama: your cycle confuses me, your stats are good and you applied early but all of those Rs? Is there anything weird about your app?
do you have C&F issues or something?
also ur first choice is kansas but you didnt apply there?
12:55
@RasheedWallaceFan: Hi. Yes, I waited for April LSAT, put almost all apps (which were sent really early) so that basically most of my apps were reviewed In May. Shot myself in the foot for 155 -> 161 lmao. Would not recommend 10/10
12:57
@RasheedWallaceFan: unironically, KSLS was my top choice, however by April LSAT their app had closed. It was like waiting to date ur dream partner, but waiting until you graduate uni, then by the time u graduate uni, your soul mate is already married with 2.4 kids and 1.6 dogs. Heartbreak.exe fr fr
12:58
are you R&Ring?
13:00
No, I think what I will do is flip a coin: heds NKU, tails NEL|B what u guys think bout dat. Then once 1L - if good at LS, try to transfer, if bad at LS or one of my grandiose ideas/inventions are viable, drop out and pursue.
oh so you submitted the apps with a lower lsat and then retook
got it
Bettercaulsaul
13:33
Most schools will hold your application for the next test score to be released into your account as well. I was notified by an admissions director that if a decision is processed they will not retroactively go back for the new score even if higher
ParallelAgreeableOrangutan
13:34
I vote NEL-Boston so we can be friends :D
ParallelAgreeableOrangutan
13:34
But it says you withdrew?? :(
ParallelAgreeableOrangutan
13:41
@Bettercaulsaul: in my experience, there is often an option on the application for you to choose whether you'd like them to review your application as-is ASAP or hold it until your new score is released. but it probably varies by school—I just remember seeing that option on at least a few app forms
2:21
While I am unsure of what option you are referring to, I personally just emailed each school and asked for them to hold my app pending my lsat score release.
2:22
Sorry WNE = Western New England not NEL|B
14:50
Hey guys is anyone online rn
14:51
I need adviceee
15:48
shooooot
hey y'all so im gonna be honest im completely new to all this, i kinda bullshitted and took the LSAT and i have no clue what my odds are of getting into schools. 163 LSAT, 3.17 GPA, and a double major in undergrad i may write about in an addendum
Based on the list I see you made on your profile, you will need to make significant LSAT improvement for those schools to be contenders. Your primary focus should probably be working to get your LSAT practice tests up to a number you are happy with before you retest, and then test until you get a score you like. Don't rush an application cycle or apply late since those will hurt your odds of getting into your school as a splitter. Good luck!
oh that was literally just random stuff i dont know how this works
thank you so much!
im retaking in 4 days, and maybe again in august, and i was gonna apply to see what i got, and if i didnt like it i was going to wait till next cycle and work on improving my GPA
@InnateMatureRhino: wow rude
yall need help fr
0:51
chat should i go to uc davis or loyola
TheOrangeGorillla
1:58
https://www.lsd.law/users/creep/UnsuitableExoticTiger Is this real chat?
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