51³Ō¹Ļ

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most-favored-nation clause

noun

  1. a clause in a commercial treaty or contract by which each signatory agrees to give the other the same treatment that is or will be accorded any other nation.


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Example Sentences

Examples have not been reviewed.

France said the EU also approved a declaration to the World Trade Organization to suspend the most-favored-nation clause for Russia that would withdraw its special treatment throughout the bloc.

From

The French presidency said in a statement that the bloc also approved a declaration to the World Trade Organization ā€œon suspending the application of the most-favored-nation clause for Russia and suspending the examination of Belarusā€™ application for accession to the WTO.ā€

From

Crucially, Appleā€™s arrangement with the publishers included a so-called ā€œmost-favored-nationā€ clause, which ensured that if a retailer like Amazon undercut the publisherā€™s designated price ā€” which it had shown a willingness to do ā€” Apple had the right to do so as well.

From

During the trial, Judge Cote seemed to breathe new life into Appleā€™s position that it didnā€™t ā€œforceā€ the five major publishers to demand that Amazon change its business model, when she suggested a distinction between Apple ā€œrequiringā€ the publishers to ā€œrequireā€ Amazon to shift to the agency model, and the publishers acting on their own once they realized that the most-favored-nation clause made it ā€œtechnically impossibleā€ for them to agree to continue a wholesale relationship with Amazon.

From

The most-favored-nation clause therefore ā€œeliminated any riskĀ that Apple would ever have to compete on price when sellingĀ e-books, while as a practical matter forcing the Publishers toĀ adopt the agency model across the board,ā€ Judge Cote found.

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