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LSDefine

Simple English definitions for legal terms

resale-price maintenance

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A quick definition of resale-price maintenance:

Resale-price maintenance is when a manufacturer makes different retailers sell their product at the same price, which stops competition. This is illegal under antitrust law, but a manufacturer can suggest a retail price without forcing retailers to sell at that price. It's important to have fair competition in the market, and price-fixing can harm the economy.

A more thorough explanation:

Resale-price maintenance is a type of price-fixing where a manufacturer forces or convinces different retailers to sell their product at the same price, which eliminates competition. This practice is illegal under antitrust law, but a manufacturer can suggest a retail price without forcing retailers to sell at that price.

  • A manufacturer of electronics products forces all retailers to sell their products at the same price, preventing any competition between retailers.
  • A clothing brand convinces several retailers to sell their products at a fixed price, which eliminates price competition and ensures that the brand's products are sold at a consistent price across different stores.

These examples illustrate how resale-price maintenance can harm competition and limit consumer choice by forcing retailers to sell products at a fixed price, regardless of market conditions or consumer demand.

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honestly some big waves today
starfishies
19:25
congrats tho!
starfishies
19:25
I will live vicariously through you
thanks!!! I'm getting more and more comfortable with the idea of W&L, I'm just an overthinking girl at best so I had to know every angle
starfishies
19:26
so real
where r u thinking starfishies? non public profile so I can only glean off of vibes
starfishies
19:27
I will go public once the cycles officially over!
makes total sense to me
starfishies
19:27
sorry to be mysterious
truly, has god powers and hides behind a veil. a veil with a w&l pin perhaps
no I totally understand anonymity, just trying to spark convo :)
i'm gonna log off and play some oxygen not included, looking forward to refreshing the brainrot tmrw morning
19:39
I'm itchy!
19:51
@starfishies: call her star 404 fishies, bc if u post and she don't like, she gonna wipe ur comment away.
19:52
@Dkk2-TheGayening: Starfish jannied ur comments into the abyss: not sure if crashed out or responded to me. :/ The world may never know...
19:55
hope everyone is doing well. 2l passing thru
20:20
@B-I-N-G-O: since no one else said i will for you - they all use 4.0 but some have A+ and some dont.
20:21
@llama: you can count on one hand the amount of people who care lol
Mostlylegal
20:22
Ah so crashed out to the abyss was the answer
21:12
@seventeen58: Yo congratz, I applied to NUY 2 years ago and they are still working on emailing me back (jk)
21:13
@DigiFartHoe: Yeah man no one cares about me but you, smh thank you for being my rock.
21:43
You got it babe, now blow me\
21:46
@DigiFartHoe: Babe u didn't even @me. :pouting_cat:
22:23
Does anyone actually get into SLS or is it like Finland where it doesn’t actually exist
babycakes
22:31
Kinda funny how people on here think no one is getting into Stanford or nyu but when I go to admitted students day at any other t14 1 out of any 5 given students has gotten into one or both of those schools
RiseAbove
1:33
Interesting. I’ve had the opposite experience. The only place I’ve met SLS current or future students was at SLS
RiseAbove
1:33
And they were current students. Still yet to encounter an admit
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