Difference between revisions of "Vertical price-fixing"
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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> | 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> | ||
| − | == | + | == References == |
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| − | [[ | + | [[Category:Economics]] |
| − | [[ | + | [[Category:United States Supreme Court Cases]] |
Latest revision as of 21:22, July 13, 2016
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 ("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.[1]
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.[2]