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Essay's paper info
Topic: |
Biographies
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Number of pages / Number of words: |
2 / 557 |
Essay's paper body
For example, if several appliance manufacturers at a trade association meeting agree not to allow their prices to go below a certain minimum, they are engaging in illegal price fixing.
This conspiracy hurts appliance dealers because they have to pay more to the manufacturers for their products; it hurts consumers because the appliance dealers may raise retail prices...
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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 unlawful resale price maintenance.
Illegal resale price maintenance hurts retail businesses who want to increase their sales by lowering their prices, and it hurts consumers because they can't shop among retail stores for the best deal...
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General points of the essay
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