resale price maintenance

noun

: 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

resale price maintenance

rescind

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Cite this Entry

“Resale price maintenance.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/resale%20price%20maintenance. Accessed 26 Nov. 2024.

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