Resale price maintenance explained: what it is, how it works, and what the law says.
This nonfiction work surveys the history, economics, and legal status of price maintenance in the United States and abroad. It contrasts American policy with European experiences and discusses the practical and policy challenges that arise when governments try to regulate prices.
In this edition, the author weighs arguments for and against price maintenance, looked at through hearings, court decisions, and government reports. The discussion covers different legal standards, the role of the Federal Trade Commission, and how price controls have operated in wartime and peacetime economies. The material stays focused on how price maintenance could affect consumers, producers, and competition.
- Understand the key ideas behind price maintenance and the main points of contention.
- See how different countries and historical periods approached price control.
- Learn about the legal framework, including antitrust laws and regulatory measures.
- Consider how government action and industry practices interact in setting prices.
Ideal for readers interested in economic policy, regulatory history, and the legal status of price controls.