English clause

As an English clause is referred to agreements in the context of exclusive supply contracts that oblige the buyer to report any better offer and allowing him only to take when the binding provider does not enter the lower rate of third parties.

A possible formulation of an English clause reads as follows:

" The buyer undertakes to his supplier to buy goods of the contractual type of party if he informs the supplier about the presence of a third offer and he refuses a delivery to the contractual terms agreed with the third party. Accepted by the supplier, however, the terms offered by the third party, the buyer is obliged to purchase the goods from that. "

Like such a clause at first glance seem "fair" and appropriate to eliminate the alleged abuse of a dominant position by reference bonds as is often just the opposite is true. The binding supplier would in fact, informed at a phrase like the above about the offerings from the competition. This has the same effect as an identifying market information system: The secret contest is canceled. The fact that a company must at all times be expected that any "secret " discounts the competition will be known immediately, which it in turn react immediately and punish the opponent with a price war can, the incentive to cut prices as a whole is inhibited. Although it is argued that it is common in the contest, notify its contractors and the offerings from the competition, the clause thus so no additional transparency creates, but not the EU Commission on a.