Briefly describe the practice of resale price maintenance.

Resale Price Maintenance

A practice where manufacturers and distributors agree on the price at which a product will be sold in retail, limiting what retailers can charge.

Gain insight into the economic justification of and the disputes surrounding resale price maintenance.

Verified Answer

Aurielle Melville-JonesJul 17, 2024

Final Answer :

Resale price maintenance is a requirement between a wholesale seller and retail seller that requires the retailers to charge a specific minimum price.

Learning Objectives

Gain insight into the economic justification of and the disputes surrounding resale price maintenance.

Briefly describe the practice of resale price maintenance.

Definitions

Learning Objectives

Learning Objectives

Related questions