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Beskrivelse
The use of price adjustment clauses is essential in order to address the many variable cost factors associated with continuing obligation structures. Companies have a legitimate interest in generating reasonable profits and not disclosing their trade secrets in the clauses. They must avoid conflict between the level of detail required by the court and the transparency requirement. This volume addresses the question as to how one overcomes the tensions between the economic necessity and the legal admissibility of price adjustment clauses, with the focus being placed on the private autonomy of companies.