A contract under which a seller forbids a buyer to purchase products from the seller's competitors is a tying arrangement.

Question

A contract under which a seller forbids a buyer to purchase products from the seller's competitors is a tying arrangement.​

Quizplus · Accepted Answer

A contract that forbids a buyer from purchasing products from a seller's competitors is known as an exclusive dealing agreement, not a tying arrangement. A tying arrangement involves a seller requiring a buyer to purchase a second product when they buy a primary product.

A Contract Under Which a Seller Forbids a Buyer to Purchase