Reply to thread

Message: <blockquote data-quote="pedr" data-source="post: 4250596" data-attributes="member: 33464">Thanks for indulging the curiosity of a some-time law geek (taking breaks from grading administrative law exams). The way things were being discussed here - combined with discussions in other contexts elsewhere - led me to wonder if our laws on this had radically diverged, which given Posner's influence would have surprised me. I remember being resoundingly confused by our brief introduction to economic theories of law as a first year (and first year undergraduate, at that!) The idea of competitors having a claim is interesting. We have legislation allowing contracts for the benefit of third parties, providing some way round privity problems, so here a manufacturer might be able to include the fact that the terms are intended to be of benefit to others in the contract. That came in towards the end of my studies and I don't really understand it, not having had to worry overly-much about contract law for about ten years, though!Apologies for the threadjack!</blockquote>