N.Y. General Business Law 369-A – Price-fixing prohibited
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§ 369-a. Price-fixing prohibited. Any contract provision that purports to restrain a vendee of a commodity from reselling such commodity at less than the price stipulated by the vendor or producer shall not be enforceable or actionable at law.
Terms Used In N.Y. General Business Law 369-A
- Commodity: means any subject of commerce. See N.Y. General Business Law 369-C
- Contract: A legal written agreement that becomes binding when signed.
- Producer: means grower, baker, maker, manufacturer or publisher. See N.Y. General Business Law 369-C