Buy-out means that one party contributes to purchase part of the rights of the other party's works, trademarks, patents, etc. Once, and after the transfer, the other party gave up the above rights: ~ management right.
The characteristics of buyout operation:
Buy-out operation is the exclusive distribution right obtained by dealers from manufacturers. Generally speaking, the manufacturer of a certain product has the right to choose the distributor at will; Similarly, a middleman also has the right to choose the products of manufacturers for sale at will. However, in the buyer's market where supply exceeds demand, dealers will easily lead to vicious competition because they want to spit out goods and grab market share.
This has almost become an inevitable phenomenon in the buyer's market. The implementation of buyout operation enables dealers to obtain exclusive distribution rights through buyout contracts. Without exclusive distribution rights, there is no buyout mode.