exclusive sales contract

exclusive sales contract
A contract by which a manufacturer or wholesale dealer agrees to sell his commodities exclusively to a dealer in a particular locality, or the dealer agrees to purchase exclusively from the manufacturer or wholesaler. Such a contract is valid where not monopolistic in tendency, and where there is no combination to control prices or to stifle competition. 36 Am J1st Monop etc. § 32. See exclusive agency; exclusive right of sale.

Ballentine's law dictionary. . 1998.

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