resale price maintenance

Definition of "resale price maintenance"
  1. Resale price maintenance refers to the unlawful act of a manufacturer setting a standard price for retailers to sell a product, thwarting any competitive pricing
How to use "resale price maintenance" in a sentence
  1. The car manufacturer's practice of resale price maintenance caused all distributors to sell the new model at the same price.
  2. Resale price maintenance can limit customers' options to shop around for better deals on products.
  3. By applying resale price maintenance, the electronics manufacturer ensured that all stores retailed their product at a uniform cost.

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