单词 | resale price maintenance |
释义 | resale price maintenance in British Englishnoun the practice by which a manufacturer establishes a fixed or minimum price for the resale of a brand product by retailers or other distributors US equivalent: fair trade. Abbreviation: rpmresale price maintenance in Retail (riseɪl praɪs meɪntɪnəns) or RPM noun (Retail: Pricing) Resale price maintenance is a practice in which a manufacturer fixes the price for the resale of a brand productand the retailer is not allowed to sell it at a lower price. Manufacturers use resale price maintenance to more directly prevent inter-retailer price competition. Resale price maintenance was an agreement between suppliers or manufacturers and retailers, restricting theprice that retailers can ask for a product or service. Resale price maintenance is a practice in which a manufacturer fixes the price for the resale of a brand productand the retailer is not allowed to sell it at a lower price. |
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