Fandom

The IT Law Wiki

Price protection

32,181pages on
this wiki
Add New Page
Talk0 Share

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.

Definition Edit

Price protection is an agreement between a seller and buyer (or distributor, whereby (i) in the case of a price increase, the buyer will be able to continue purchasing the product at the lower price for a period of time after the price increase, and (ii) in the case of a price decrease, the seller will give the buyer a credit or rebate for the difference in price between the old price and the new price for all of the stock the buyer has on hand which was purchased at the higher price.

Also on Fandom

Random Wiki