If a book publishing company sells its books to retailers with the explicit condition that the retailers may not resell the books below a specified price, this is an example of_______ _ and_______ it illegal per se.
A)resale price maintenance; is
B)resale price maintenance; is not
C)price fixing; is not
D)price fixing; is

Question

Quizplus · Accepted Answer

Resale price maintenance is when manufacturers set the minimum prices at which retailers can sell their products. It is not illegal per se, but it can be challenged under antitrust laws if it is deemed to have anticompetitive effects.

If a Book Publishing Company Sells Its Books to Retailers