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LSDefine

Simple English definitions for legal terms

geographic market

Read a random definition: liability limit

A quick definition of geographic market:

A geographic market is a place where people want to buy certain things. It can be a specific area or group of people who want to buy something. For example, if many people in a certain city want to buy pizza, that city is a geographic market for pizza. It's important for businesses to know their geographic market so they can sell their products to the right people in the right place.

A more thorough explanation:

A geographic market is a specific area or demographic segment where there is demand for particular goods or services. It is a part of the relevant market that identifies the regions in which a firm might compete. If a firm can raise prices or cut production without causing a quick influx of supply to the area from outside sources, that firm is operating in a distinct geographic market.

For example, if a company sells surfboards in California, their geographic market would be the state of California. If they try to raise prices, they will not face competition from surfboard sellers in other states because shipping costs would make it unprofitable for those sellers to compete in California.

Another example is a restaurant that serves a specific type of cuisine, such as Mexican food. Their geographic market would be the area where there is demand for Mexican food, such as neighborhoods with a high Hispanic population or areas with a lack of Mexican restaurants.

geographically descriptive trademark | geographic name

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TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
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