Duhaime's Law Dictionary


Engrossing Definition:

The buying of products in bulk and the individual re-sale at profit.

Related Terms: Badgering, Price Fixing, Forestalling, Regrating

Law professor and author Richard Gosse wrote:

"Engrossing was the purchasing of large quantities of any commodity in order to sell it at a higher price."

His peer at the University of Toronto, Michael Trebilcock defined engrossing as;

"... cornering local supplies of a commodity."

Engrossing was an offence under ancient common law but long since rendered perfectly legal except to the extent that such conduct may constitute price-fixing.

REFERENCES:

  • Gosse, Richard, The Law of Competition in Canada (Toronto: Carswell Company, 1962), page 15.
  • Trebilcock, M., The Common Law of Restraint of Trade (Toronto: Carswell, 1986), page 13.

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