Definition of retail price maintenance in English:

retail price maintenance

noun

单词	retail price maintenance
释义	Definition of retail price maintenance in English: retail price maintenance noun another term for resale price maintenance Example sentencesExamples With retail price maintenance embodied in law, the only way in which it was felt that Woolworths could compete against the more established and specialist music retailers was to develop a cheaper alternative - budget music. ‘This is the end of retail price maintenance on products and is great news for our customers,’ a Sainsbury's spokesman said. In recent years they have lobbied successfully against Sunday trading laws, restrictions on opening hours, the net book agreement, retail price maintenance for pharmaceuticals, and a proposed tax on their polluting car parks. In the last year of Conservative government, Heath, as president of the Board of Trade, surprised many by introducing controversial legislation to abolish retail price maintenance. Unfair discrimination and retail price maintenance (setting a minimum price for goods) will also be outlawed.
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