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LSDefine

Simple English definitions for legal terms

reciprocal dealing

Read a random definition: nonoccupant visitor

A quick definition of reciprocal dealing:

Reciprocal dealing is when a big buyer agrees to buy something from a seller only if the seller buys something back. This is usually against the law. Reciprocal exchange is when people join together to insure themselves and each other, but the group is not a company.

A more thorough explanation:

Reciprocal dealing is a business agreement where a buyer who has more economic power than a seller agrees to buy something from the seller only if the seller buys something in return. This type of arrangement is usually illegal under antitrust laws.

A large retail chain agrees to buy products from a small supplier only if the supplier agrees to purchase advertising from the retail chain. This is an example of reciprocal dealing.

Another example could be a software company agreeing to purchase hardware from a supplier only if the supplier agrees to use the software company's products exclusively. This type of arrangement is illegal because it can limit competition and harm smaller businesses.

reciprocal contract | reciprocal insurance

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renard99
14:15
@llama: Man I'd be more than happy to
14:15
LSD is in decay age of social network
renard99
14:15
^LMAO yeah
renard99
14:15
Basically accepted atp that I'm gonna have to R&R so might as well take up some jobs while I'm at it
14:15
sad. imagine being here in 2005/2010 when it was 100 operational. woe is me
@llama: back when 160s meant t14
14:16
born too late to experience full LSD born too soon to explore the galaxy
14:16
^ gets it
lilypadfrog
14:16
https://www.lsd.law/users/creep/cryptanon this is one of the guys who made the website
14:16
@lilypadfrog: wow more recent than i would have wagered
14:17
how is it so that I creep a rando and their app year is 2005-2005?
14:17
2005-2006* for example
renard99
14:18
^ find that rando in your circle and ask them where they've stored all their cycle letters
ReminiscentZestyFish
14:18
Vandy??
renard99
14:18
Possibly in a dark corner of the attic in a box
VANDY
soyalmondoatmilk
14:18
vandy A let's gooooo
all the Vandy
ReminiscentZestyFish
14:18
Aint no way
jackfrost11770
14:19
Wow that's awesome nothing from vandy
GreyCeaselessMammoth
14:19
what
GreyCeaselessMammoth
14:19
fuck
renard99
14:19
@soyalmondoatmilk: Congratulations!!!
jackfrost11770
14:19
I applied in November
jackfrost11770
14:19
Idk when the As did
GreyCeaselessMammoth
14:19
does anyone know if they usually release all at once or waht
nothing
jackfrost11770
14:20
Well I hope not otherwise I'm screwed
jackfrost11770
14:21
Anderson cooper PLEASEEEEE
For ED and their last wave of decisions it was an email all at once
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