Resale price maintenance (RPM) is the practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer`s product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum resale price maintenance). If a reseller refu....
Found on
http://en.wikipedia.org/wiki/Resale_price_maintenance
The effect of rules imposed by a manufacturer on wholesale or retail resellers of its own products, to prevent them from competing too fiercely on price and thus driving profits down from the reselling activity. The manufacturer may do this because it wishes to keep resellers profitable. Such contract provisions are usually legal under US law but h...
Found on
http://www.econterms.com/glossary.cgi?query=resale+price+maintenance
Using a manufacturer's suggested price as the retail price.
Found on
http://www.encyclo.co.uk/local/20108
No exact match found.
