View source for MARKET SHARING AGREEMENT

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== Definitions ==

a collective pact made between two or more organizations [[PRODUCING|producing]] and/or [[SELLING|selling]] [[SIMILAR|similar]] products or [[SERVICES|services]] under which the [[MARKET|market]] is divided among them with each [[OPERATING|operating]] and [[CONTROLLING|controlling]] a certain segment or territory rather than openly competing in the market as a whole, which may also include fixing similar prices on their related [[GOODS|goods]].