Office Machine and Equipment Retail Dealers Agreement Act

Summary

Office Machine and Equipment Retail Dealers Agreement Act - Makes it a violation of this Act for any supplier of office products to: (1) induce a dealer in such products to enter into a dealer agreement by fraud; (2) fail to act in good faith in performing, canceling, terminating, or refusing to renew a dealer agreement; or (3) enter into a dealer agreement whereby the dealer will conduct business in a market area which is already the market area of another dealer without providing 60 days notice to the existing dealer. Allows a supplier to terminate a dealer agreement which contains a specified expiration date prior to such date (or at any time if such agreement does not contain an expiration date) by offering the dealer, within 60 days of the intended termination, fair and reasonable compensation for the value of the agreement. Permits the Federal district court to determine the amount of such reasonable compensation if a controversy occurs. Grants a dealer the right to file an action for damages or equitable relief against any supplier who violates this Act. States that this Act shall not be construed to modify any provision of the antitrust laws.

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1 official file

• Introduced in House

  summary · EN · 15 September 1982

  Open at official source

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