Question

Many athletic stadiums enter into contractual agreements with national beverage companies and food franchises to distribute only their brand-name products at the respective venues. this is an example of ________.

Answer 1

Exclusive dealing

Exclusive dealing refers to a contractual agreement or requirement whereby the suppliers are only allowed to sell their goods or products through a certain retail or wholesale sales outlet in a particular area. Examples of businesses that tend to adopt this type of agreement include franchised fast food restaurants, and gas stations, because these types of businesses often need to obtain their supplies only from a particular company.