Term:
Resale price maintenance (RPM)
Definition:
Resale Price Maintenance (RPM) exists with a supplier specifying the minimum (or maximum) price at which the product must be re-sold to customers.
Domain:
Finance
Source:
Glossary of Industrial Organisation Economics and Competition Law, compiled by R. S. Khemani and D. M. Shapiro, commissioned by the Directorate for Financial, Fiscal and Enterprise Affairs, OECD, 1993