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resale price maintenance

British

noun

rpm. US equivalent: fair trade. the practice by which a manufacturer establishes a fixed or minimum price for the resale of a brand product by retailers or other distributors

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The OFT alleges the four companies infringed competition law by entering into resale price maintenance agreements, setting fixed or minimum resale prices for sports bras in the popular Shock Absorber range.

From Reuters • Sep. 20, 2013

The reason for the price-cutting wave was the government's announced intention to end resale price maintenance, the British equivalent of U.S.

From Time Magazine Archive

Stone in the Pond His most spectacular effort was his recent triumph over "resale price maintenance," or price fixing, which had been scrupulously observed by Australian retailers for years.

From Time Magazine Archive

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023