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resale price maintenance

   Also found in: Acronyms, Encyclopedia, Wikipedia 0.01 sec.
resale price maintenance
n
(Business / Commerce) 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 equivalent fair trade Abbreviation rpm
Translations
resale price maintenance
n (Brit) → Preisbindung f
resale price maintenance nprezzo minimo di vendita imposto


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Yamey (London School of Economics and Political Science) edited this series of essays that compare the resale price maintenance practices of Canada, United States, Sweden, Denmark, Ireland and the United Kingdom, noting how the development of public policy can influence the price of goods.
It remains to be seen how courts will handle claims of resale price maintenance instigated intrabrand by franchisees or dealers within a geographic area.
The move came after a High Court judge abolished the 30-year-old Resale Price Maintenance law which let drug makers set minimum charges.
 
 
 
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