Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- adj. Of or relating to a commercial treaty in which the signatories agree to accord each other the same favorable terms that are offered in agreements with any other nation.
WordNet 3.0
- adj. of or relating to a commercial treaty where two nations agree to accord each other the same favorable terms that would be offered in treaties with any other nation
Examples
“In responding to the Justice Department suit, Blue Cross has said the regulator failed to prove that economic harm is caused by pacts with hospitals known as most-favored-nation clauses.”
The Wall Street Journal: Aetna Sues Michigan Blue Cross Blue Shield
“Critically, I wanted China to receive most-favored-nation status in trade relations, meaning it would qualify for the same level of tariffs as other major trading partners and would join our regular trade network.”
“I simply said the United States wanted a new relationship with China and that I had several points to announce up front: most-favored-nation trading status, new credits through the Export-Import Bank, relaxed controls on our exports to China, support for hydroelectric projects in China, and closer cooperation on military intelligence.”
“Clinton mentions enforcing the trade laws, but, rather than enforcing, President Clinton eliminated trade laws with NAFTA, giving most-favored-nation status to China, and joining the World Trade Organization.”
The Huffington Post: Sen. Fritz Hollings: No Longer Free Press
“WellPoint has most-favored-nation contracts in about half of these states; the company declined to comment on the deals.”
The Wall Street Journal: Michigan's Blue Cross Sued Over Pacts With Hospitals
“In some cases, the Justice Department suit charges, such "most-favored-nation" clauses require that hospitals charge Blue Cross 'competitors up to 40% more.”
The Wall Street Journal: Michigan's Blue Cross Sued Over Pacts With Hospitals
“We show that the multiplication effect of sticks has pervasive consequences in economics and law and provides a unified explanation for seemingly unrelated phenomena such as comparative negligence, legal aid, the dynamics of riots and revolutions, the use of property rules, the commons problem, and the most-favored-nation clause in settlement negotiations.”
“That initiative dubbed "Jackson-Vanik" after its two main cosponsors, Democratic Sen. Henry "Scoop" Jackson and Democratic Rep. Charles Vanik linked most-favored-nation trading status for the Soviet Union to a liberalization of Moscow's emigration policies.”
“Mr. Levin has supported many trade-opening initiatives in the past, however, backing most-favored-nation trade status for China in 2000 and playing a key role in passing the U.S.”
“Blue Cross says the suit fails to prove that economic harm is caused by the deals, known as most-favored-nation clauses.”
The Wall Street Journal: Michigan Blue Cross Fights Suit Over Pricing
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