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An agreement between manufacturers not to sell their goods below a stipulated price is, under the…

Courts have held that an agreement between traders merely regulating the price at which goods are sold, without restraining either party from carrying on business, is not a…

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An agreement between manufacturers not to sell their goods below a stipulated price is, under the Indian Contract Act, 1872:

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Courts have held that an agreement between traders merely regulating the price at which goods are sold, without restraining either party from carrying on business, is not a restraint of trade, so it is "Not hit by Section 27." of the Indian Contract Act, 1872.

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