What is a competitive price? | Rechtswinkel.nl

Questioner

I would like to know what the legal meaning is of the term 'competitive price' in an agreement that has been concluded. In this case, products can be reordered under that condition, but what does that actually mean? Thank you in advance!

Lawyer

Fortunately, not all Dutch words also appear in the Civil Code. I therefore refer you to the meaning in the Grote Van Dale'. A competitive price is there a price that competes with other prices (of goods). A competitive price for an item is a price that is lower than or at least equal to the price charged by a competitor of the supplier for the same item.