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Simple English definitions for legal terms

exclusive dealing arrangement

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A quick definition of exclusive dealing arrangement:

An exclusive dealing arrangement is when a seller agrees to only sell their products or services to one buyer, or when a buyer agrees to only buy from one seller. This can limit competition and is against the law. However, it's not always illegal and depends on whether it harms competition. The court will look at whether the arrangement has any good effects that make up for the harm it causes.

A more thorough explanation:

An exclusive dealing arrangement is a type of contract where a seller agrees to sell all or most of their products or services to a particular buyer, or when a buyer agrees to purchase all or most of their requirements of a product or service from a particular seller. This means that the seller or buyer is restricted from doing business with other parties.

For example, a car manufacturer may agree to sell all of their cars to a particular dealership, or a grocery store may agree to purchase all of their produce from a particular supplier.

However, exclusive dealing arrangements can limit competition, which is why they are subject to antitrust liability under the Sherman Act or the Clayton Act. These laws aim to promote fair competition in the marketplace.

Exclusive dealing arrangements are not automatically illegal, but they are evaluated on a case-by-case basis using the Rule of Reason. This means that the court will consider whether the arrangement has any pro-competitive benefits that outweigh its negative effects on competition. If the arrangement is found to be anti-competitive, the parties involved may face legal consequences.

exclusionary rule | exclusive license

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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