Legal Question in Business Law in Connecticut
contract violation
We are a vendor of a large
supermarket chain. The retailer
solicited us looking for us to give
them discounts so that they could
lower retail pricing and become what
is called an EDLP retailer. We gave
them generous discounts and they
took them but then kept the retail
prices the same. The only thing that
happened is the retailer increased
their own profit margin.
2 Answers from Attorneys
Re: contract violation
Hello. It sounds like you are trying to identify your legal rights with regards to this retailer. In order to do so, it is best to start with an examination of the following:
1. Do you have any written contracts with the retailer?
a. Do they spell out the terms of the negotiated lower pricing?
2. What is your goal - to change the pricing back to the regular pricing, or to be compensated for damages caused by their not honoring your agreement?
If you give the lawguru community a little more information as to what your goals are, we can better steer you in the right direction. Rephrasing the question might help.
Good luck!
Re: contract violation
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