TYING ARRANGEMENT
(noun)Definitions
There is 1 meaning of the phrase
Tying Arrangement.
Tying Arrangement - as a noun
An agreement by a party to sell one product but only on the condition that the buyer also purchases a different (or tied), usually unrelated product.
Example: "In recent years, changing business practices surrounding new technologies have put the legality of tying arrangements to the test."
Example Sentences
"The two companies entered into a tying arrangement whereby customers were required to purchase a specific product bundle."
"The tying arrangement between the cable provider and the streaming service forced customers to subscribe to both to access certain content."
"Antitrust laws prohibit tying arrangements that limit consumer choice and competition."
"The manufacturer used a tying arrangement to ensure that customers would have to buy their accessories alongside the main product."
"The court ruled that the tying arrangement unfairly restricted competition in the market."
