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Tying (informally, product tying) is the practice of selling one product or service as a mandatory addition to the purchase of a different product or service.In legal terms, a tying sale makes the sale of one good (the tying good) to the de facto customer (or de jure customer) conditional on the purchase of a second distinctive good (the tied good).
For example, when a state is contracting for the construction of a building or selling maps to state parks, rather than passing laws governing construction or dictating the price of state park maps, it is acting "in the market". Like any other business in such cases, a state may favor or shun certain customers or suppliers.
When the sales outlets are owned by the supplier, exclusive dealing is because of vertical integration, [3] where the outlets are independent exclusive dealing is illegal (in the US) [4] due to the Restrictive Trade Practices Act, however, if it is registered and approved it is allowed. While primarily those agreements imposed by sellers are ...
California is the only state in the U.S. to be somewhat proactive in restricting potassium bromate by slapping warning labels on products that contain it, but in other countries, it is banned ...
Article I, § 10, clause 2 of the United States Constitution, known as the Import-Export Clause, prevents the states, without the consent of Congress, from imposing tariffs on imports and exports above what is necessary for their inspection laws and secures for the federal government the revenues from all tariffs on imports and exports.
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Home state regulation is a principle in the law of the European Union for resolving conflict of laws between Member States when dealing with cross-border selling or marketing of goods and services. The principle states that, where an action or service is performed in one country but received in another, the applicable law is the law of the ...
The mere name makes it sound scandalous, and indeed it has become so: naked short selling. But what exactly does it mean? Is it legal? And if it isn't, is it still being done and if so, how? I'm a...