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resale price maintenance

noun

  1. the practice by which a manufacturer establishes a fixed or minimum price for the resale of a brand product by retailers or other distributors US equivalentfair trade rpm
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

“The removal of the decree on resale price maintenance is another step in the death knoll of the independent, regional chains, and small theaters in rural and metropolitan areas,” said the Trinity Theater in Weaverville, California.

The practice, known as resale price maintenance, is illegal and makes it difficult for customers to find good deals.

The same can hold true for resale price maintenance.

The same can hold true for resale price maintenance.

The fines against Mercedes-Benz were the latest in a series of actions taking aim at automakers and parts suppliers, most of which have focused on so-called resale price maintenance.

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