ยง480-5 - Requirements and output contracts; tying agreements.
ยง480-5ย Requirements and output contracts;
tying agreements.ย No person shall sell or buy any commodity, or fix a
price or discount from, or rebate upon, such price, on the condition,
agreement, or understanding that the other person or persons shall not deal in
the commodity of a competitor of the seller, or shall not deal with the
competitor of the purchaser, as the case may be, when the effect of the sale or
purchase or the condition, agreement, or understanding, may be to substantially
lessen competition or tend to create a monopoly in any line of commerce in any
section of the State. [L 1961, c 190, ยง3; Supp, ยง205A-3; HRS ยง480-5]
Case Notes
ย Large landowner not engaged in tying arrangement by requiring
that house be built and bought before house lot leased. 594 F. Supp. 1480.
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