Legal Question in Business Law in Missouri
A competing business is offering lower prices to businesses, having them sign contracts that they will not do business with a rival business. Is this legal?
Asked on 12/12/10, 5:58 am
1 Answer from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
As a Franchise Attorney I can tell you the following. Exclusive dealing arrangements are fairly common and have been for quite a while. Also, there is consideration to support the exclusive dealing agreement - the lower prices offered. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
Answered on 12/17/10, 7:17 am
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