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'''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).
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'''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>
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