Difference between revisions of "Vertical price-fixing"
Jump to navigation
Jump to search
m (mew!) |
m (wikify) |
||
| Line 1: | Line 1: | ||
| − | '''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 ("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> | 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> | ||
Revision as of 12:59, July 3, 2008
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]