Definition of retail price maintenance in English:
Another term for resale price maintenance.
- ‘This is the end of retail price maintenance on products and is great news for our customers,’ a Sainsbury's spokesman said.
- With retail price maintenance embodied in law, the only way in which it was felt that Woolworths could compete against the more established and specialist music retailers was to develop a cheaper alternative - budget music.
- In recent years they have lobbied successfully against Sunday trading laws, restrictions on opening hours, the net book agreement, retail price maintenance for pharmaceuticals, and a proposed tax on their polluting car parks.
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