Extract to table

An MFN clause, in its most common form, is a contractual provision pursuant to which a seller agrees to offer a buyer pricing or other terms at least as favorable as those offered to any other buyer, or to a defined class of buyers

From Meridian's perspective, the clause increases the effective cost of offering any discount to a comparator-class licensee, because the discount must be extended to Quorum's $60 million contract as well

Potential Anticompetitive Effects Against these pro-competitive justifications, the full MFN clause presents several potential anticompetitive effects that must be weighed in the analysis: Price-leveling concern

Because any discount offered to a comparator-class licensee must be automatically extended to Quorum, the effective cost of the discount is amplified by the size of Quorum's contract