resale price maintenance

noun

: a form of illegal price-fixing in which a manufacturer compels different retailers to resell a product at the same price and thereby prevents competition

Browse Nearby Entries

See all Nearby Words

Cite this Entry

“Resale price maintenance.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/resale%20price%20maintenance. Accessed 28 Feb. 2025.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!