MLchartDataset catalogue

Tying arrangement

Term · Law · MLC-T-LAW-005017

An anti-competitive practice where a seller conditions the sale of one product or service (the tying product) on the buyer's agreement to purchase a different product or service (the tied product). This practice can violate antitrust laws if it substantially lessens competition in the market for the tied product. Such arrangements are scrutinized under the Sherman Act and Clayton Act.

Table 1. Record
IdentifierMLC-T-LAW-005017
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-005017",
  "term": "Tying arrangement",
  "field": "Law",
  "definition": "An anti-competitive practice where a seller conditions the sale of one product or service (the tying product) on the buyer's agreement to purchase a different product or service (the tied product). This practice can violate antitrust laws if it substantially lessens competition in the market for the tied product. Such arrangements are scrutinized under the Sherman Act and Clayton Act.",
  "url": "https://mlchart.com/terminology/law/tying-arrangement/"
}

Record 5,126 of 5,439 in Law terminology (MLC-0107). Request the full dataset.