Congress enacted the anti-tying provisions to keep banks from using bank credit and other services to coerce customers and reduce competition. Cf. Begin typing to search, use arrow keys to navigate, use enter to select, Please enter a legal issue and/or a location. ? Name Post the Definition of reciprocal dealing to Facebook, Share the Definition of reciprocal dealing on Twitter. The author discusses the legislative background, the major issues litigated, and their implications for future litigation. Are you a legal professional? violates antitrust laws. We recommend using … 'All Intensive Purposes' or 'All Intents and Purposes'? Here Be Dragons: A Creature Identification Quiz. — Also termed reciprocal-dealing arrangement. Reciprocal dealing usu. THE ANTI-TYING PROVISION: ITS POTENTIAL IS STILL THERE Timothy D. Naegele* There is still bite in the anti-tying provision of the Bank Holding Company Act Amendments of 197. TYING ARRANGEMENT. — Also termed reciprocal-dealing arrangement. reciprocal dealing. Anti-tying provision of the Bank Holding Company Act. Answer: The term "tying" is used to refer to a situation where one benefit is tied to the person or entity doing something else. The ability to act or not act; esp., a person's capacity for acting in such a manner as to…, TRUST trust, n.1. Reciprocal Dealing reciprocal dealing n : an arrangement violative of antitrust laws in which a party with greater economic power agrees to buy a product from a seller if the seller buys something in return . Search. Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free! In 1970, Congress enacted section 106 of the Bank Holding Company Act Amendments of 1970 (BHCA), the anti-tying provision, which is codified at 12 U.S.C. Published under license with Merriam-Webster, Incorporated. An agreement between two or more parties creating obligations that are enforceable or otherwise recognizable at law (a…, Search our termbase for authentic interpretation of 150,000+ legal terms, power.1. All rights reserved. 91-1084, reprinted in 1970, U.S.C.C.A.N. A business arrangement in which a buyer having greater economic power than a seller agrees to buy something from the seller only if the seller buys something in return. The ability to act or not act; esp., a person's capacity for acting in such a manner as to…, trust, n.1. 'Nip it in the butt' or 'Nip it in the bud'? Reciprocal dealing usu. Firefox, or “Reciprocal dealing.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/reciprocal%20dealing. Visit our professional site ». ? § 1972. Please tell us where you read or heard it (including the quote, if possible). 5519, 5535. POWER power.1. How to use a word that (literally) drives some pe... Do you know what languages these words come from? What made you want to look up reciprocal dealing? reciprocal dealing. Source: Merriam-Webster's Dictionary of Law ©1996.
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