![]() |
Is this illegal?
I sell a product, where I also sell the rights to resell that product. I have terms that a reseller must abide by in order to resell the product, and one of those terms is that they cannot sell the product lower then a certain price ( $150 is the limit, publically), but, they may sell at any price they wish on a one-to-one (private) basis.
The reason I stipulate they cannot sell for lower then $150 amount is to protect me, and them, from someone coming along and selling it for, say, a $1. The product is software, btw. Now, is this illegal? If so, why? |
why would it be illegal?
|
Why are you asking on an adult webmaster board. they do have things called attorneys.
|
can you change your location to "I have no business knowledge" ?
thx |
Quote:
Quote:
|
illegal according to who?
|
it's legal for them 2 sell it for any price they want to.
They can sell it and loose money if they want and this is call getting market share, selling at a loss or near loss. they can sell it for $ 500.00 if they want and this is call what the market will bear. You can drop them as a reseller if you want also. You can **suggest** a list price. |
I've been in businesses before where there have been market prices set that I could not sell below. I never messed with it, but one reseller went below the price and the manufacturer cut them off. It is not illegal... companies do that to protect themselves. If you agree to terms as a reseller then that is part of the deal.
|
Quote:
Just because I dont know the legality of a particular business situation, doesnt mean I know absolutely 'nothing' about 'business'. But I'll go ahead and change my location when you prove you know 'everything' about business law. :1orglaugh |
i guess its not illegal... i agree its part of the biz & part of the deal
|
here is what price fixing is defined by. Seems like it applies to what I described, but who knows, i will have to call a lawyer either way. I just see myself as the 'manufacturer' of the product, not just some other vendor selling the same shit. I would think theres a difference.
Quote:
|
Quote:
|
uhm, in what aspect are thinking about it as illegal?
|
no. i dont think so
|
| All times are GMT -7. The time now is 09:04 PM. |
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2026, vBulletin Solutions, Inc.
©2000-, AI Media Network Inc123