Under a contract, Oil Shale Corporation forbids Petro Inc., a wholesale buyer of Oil Shale's products, to purchase products from the seller's competitors. This is prohibited

Question

Quizplus · Accepted Answer

This type of provision, called an exclusive dealing arrangement, can potentially limit competition and give the seller a substantial amount of control over the buyer's purchasing decisions. Such provisions may be prohibited under antitrust laws if their effect is to substantially lessen competition.

Under a Contract, Oil Shale Corporation Forbids Petro Inc