When consumers are forced to buy a product they do not want to obtain one they do, it is known as what?

The term that describes a situation where consumers are compelled to purchase a product they do not want in order to obtain a desired product is known as a tying agreement. This practice often involves the manufacturer or seller linking the sale of one product (the tying product) to another product (the tied product), which can limit consumer choice and potentially raise antitrust concerns. Tying agreements typically occur in markets where the seller has significant market power over the tying product, allowing them to leverage that power to increase sales of the tied product. Understanding this concept is essential in real estate as well, where practices that restrict consumer choice or create unfair competition could raise legal issues.

The other concepts listed, such as bundling agreements or selling agreements, do not accurately capture the coercive nature of requiring a purchase of one item to access another item as seen in tying agreements.