Changes

Vertical price-fixing consists of a manufacturer or wholesaler setting a minimum price for its goods to be sold by a retailer.  This is also known as "resale price maintenance" (RPM).

Vertical price-fixing consists of a manufacturer or wholesaler setting a minimum price for its goods to be sold by a retailer.  This is also known as "[[resale price maintenance]]" (RPM).

This practice was automatically illegal until June 28, 2007, when the [[U.S. Supreme Court]] said that a manufacturer or wholesaler may be able to justice its imposition of a minimum resale price.<ref>''Leegin Creative Leather Prods. v. PSKS, Inc.'', 2007 U.S. LEXIS 8668 (2007).</ref>

This practice was automatically ("per se") illegal until June 28, 2007, when the [[U.S. Supreme Court]] said that a manufacturer or wholesaler may be able to justice its imposition of a minimum resale price.<ref>''Leegin Creative Leather Prods. v. PSKS, Inc.'', 2007 U.S. LEXIS 8668 (2007).</ref>

 

A decade earlier the [[U.S. Supreme Court]] legalized, if justification is shown, the practice of vertical price-fixing to establish a ''maximum'' resale price by retailers.<ref>''State Oil Co. v. Khan'', 522 U.S. 3, 118 S. Ct. 275 (1997), ''overruling'' ''Albrecht v. Herald Co.'', 390 U.S. 145 (1968).</ref>

== Reference ==

== Reference ==