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单词 resale price maintenance
释义

resale price maintenance

resale price maintenance(RPM) Formerly, an agreement between a manufacturer, wholesaler, and retailer not to sell a specified product below a fixed price, usually one given by the manufacturer. The purpose was to ensure that all parties were allowed to make a reasonable profit without cut-throat competition. Such an agreement, however, is not in the public interest as it stifles competition; RPM contracts are now generally prohibited under UK and EU law. Seerecommended retail price.

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更新时间:2025/1/22 18:45:58