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Competitors are said to have reached an agreement when they decide not to work with a supplier, client, or other competitor. Sometimes, refusing to work with clients or suppliers has the effect of keeping them from working together.

Who is a supplier?

A supplier is any individual, company, or other entity that offers goods or services to some other entity. A supplier might be a company that supplies PCBAs to a notebook maker or OEM, for instance.

Who are recognised as suppliers?

An individual or business that sells goods and services to another party in the chain of economic production is referred to as a vendor or supplier.

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