popcorn What is price fixing? Price fixing occurs when sellers of the selfsame(prenominal) product or service agree to set certain prices, establish limits on prices or discounts, or fix price-related price of sale. For example, if several appliance manufacturers at a trade crosstie meeting agree not to allow their prices to go beneath a certain minimum, they are engaging in ill-gotten price fixing. This conspiracy hurts appliance dealers because they have to pay to a greater extent to the manufacturers for their products; it hurts consumers because the appliance dealers may raise sell prices. What is resale price support?
Illegal resale price maintenance occurs when a buyer agrees not to sell a product at a diametrical price than the price dictated by the seller. For example, if a retailer of X-brand typewriters agrees with the manufacturer of X-brand that the typewriters will be sold at retail for $350, the retailer and manufacturer have engaged in nefarious resale price maintenance. Illegal resale price ...If you want to get a full essay, order it on our website: Ordercustompaper.com
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