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Home / Opinion Digests / Business Law / Plaintiff’s conduct constitutes waiver of cap on price increases (access required)

Plaintiff’s conduct constitutes waiver of cap on price increases (access required)

Although the purchaser of gasses used in the manufacture of steel pipes argued the defendant breached the product agreement by increasing prices by more than 2% per year, it waived enforcement of the price-escalation provision by buying (without complaint) gasses with a price tag that far exceeded the limit from 2014 to January 2020. Background Bristol Metals ...