The main issueExclusivity is a comparability factor, not a pricing formula.
01

Identify exactly what is exclusive and where.

02

Check whether exclusivity is limited by channel, product or territory.

03

Review minimum guarantees and other consideration together with the rate.

04

Do not infer a direction of adjustment without facts.

TPRoyalty note

This is a concise research note, not a substitute for the facts and legal or transfer-pricing requirements of a particular case.

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