This is part of a series of articles (like this and this) on transactional contracts issues by professor Michael L. Bloom and students in the Transactional Lab & Clinic at the University of Michigan Law School.
When entering into a commercial agreement, the buyer and the seller share common—and conflicting—goals: shifting risk and securing for themselves the best deal possible. A buyer might seek to further these goals through a “most favored nations” provision (MFN). An MFN is a commitment by the seller to provide a product or service on terms as favorable to a buyer as any terms on which the seller provides that (or a similar) product or service to any other buyer—typically, to give the buyer the seller’s lowest price.
