resale price maintenance
- 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
- The car manufacturer's practice of resale price maintenance caused all distributors to sell the new model at the same price.
- Resale price maintenance can limit customers' options to shop around for better deals on products.
- By applying resale price maintenance, the electronics manufacturer ensured that all stores retailed their product at a uniform cost.
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