resale price maintenance

noun

Legal Definition of resale price maintenance

: 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

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“Resale price maintenance.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/resale%20price%20maintenance. Accessed 1 Oct. 2020.

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