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Resale price maintenance

practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices, at or above a price floor or at or below a price ceiling

Pronunciation
/riːˈseɪl prʌɪs ˈmeɪntɪnəns/
/ˈriˌseɪl praɪs ˈmeɪntənəns/
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