What is FORESTALLING THE MARKET?

The act of the buying or contracting for any merchandise or provision on its way to the market, with the intention of selling it again at ahigher price; or the dissuading persons from bringing their goods or provisions there; orpersuading them to enhance the price when there. 4 Rl. Comm. 158. l’.ar- ton v. Morris,10 Phila. (Pa.) 301. This was formerly an indictable offense in England, but is nowabolished by St. 7 & 8 Vict. c. 24. 4 Steph. Comm. 201, note.Forestalling differs from “engrossing,” in that the latter consists in buying up largequantities of merchandise already on the market, with a view to effecting a monopolyor acquiring so large a quantity as to be able to dictate prices. Loth forestalling andengrossing may enter into the manipulation of what is now called a “corner.”

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