resale price maintenance

resale price maintenance
resale price maintenance n: a form of illegal price-fixing in which a manufacturer compels different retailers to resell a product at the same price and thereby prevents competition

Merriam-Webster’s Dictionary of Law. . 1996.

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  • Resale price maintenance — (RPM) is the practice whereby a manufacturer and its distributors agree that the latter will sell the former s product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a… …   Wikipedia

  • resale price maintenance — UK US noun [U] (also retail price maintenance, ABBREVIATION RPM) COMMERCE, FINANCE ► a system in which the price of goods is controlled by the manufacturer, so that sellers are not allowed to reduce the price for customers: »The Monopolies and… …   Financial and business terms

  • resale price maintenance — The setting of a fixed minimum price on an article by the manufacturer (abbrev RPM) • • • Main Entry: ↑resale * * * resale price maintenance, Especially British. fair trade …   Useful english dictionary

  • resale-price maintenance — ➔ maintenance …   Financial and business terms

  • resale price maintenance — Measures taken by manufacturers or distributors to control the resale prices of their products (i.e., the prices charged by businesses that resell them). Such measures have been applied to a limited array of goods, including pharmaceuticals,… …   Universalium

  • Resale Price Maintenance Agreement — Resale Price Maintenance (RPM) Agreement USA An agreement between a supplier and its distributors that limits the prices the distributors can charge customers for the supplier s products. Types of RPM agreements include a: • Minimum RPM agreement …   Law dictionary

  • Resale Price Maintenance (RPM) Agreement — USA An agreement between a supplier and its distributors that limits the prices the distributors can charge customers for the supplier s products. Types of RPM agreements include a: • Minimum RPM agreement, in which a distributor agrees not to… …   Law dictionary

  • resale price maintenance — An agreement between a manufacturer and retailer that the latter should not resell below a specified minimum price. Such schemes operate to prevent price competition between the various dealers handling a given manufacturer s product with the… …   Black's law dictionary

  • resale price maintenance — RPM Formerly, an agreement between a manufacturer, wholesaler, or retailer not to sell a specified product below a fixed price, usually one given by the manufacturer. The purpose was to ensure that all parties were allowed to make a reasonable… …   Big dictionary of business and management

  • resale price maintenance — /ˌri:seɪl praɪs ˌmeɪntənəns/ noun a system where the price for an item is fixed by the manufacturer and the retailer is not allowed to sell it at a lower price. Abbr RPM …   Marketing dictionary in english

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