The Wall Street Journal's Joseph Pereira recently reported Maryland was considering legislation that would ban minimum pricing agreements between manufacturers and retailers. These agreements allow product manufacturers to guarantee their products will be sold for a minimum price over the wholesale rate, and the tactic is often employed to protect the brand value of luxury goods.
Minimum Pricing Legislation Doomed to Fail
Minimum Pricing Legislation Doomed to Fail
Minimum Pricing Legislation Doomed to Fail
The Wall Street Journal's Joseph Pereira recently reported Maryland was considering legislation that would ban minimum pricing agreements between manufacturers and retailers. These agreements allow product manufacturers to guarantee their products will be sold for a minimum price over the wholesale rate, and the tactic is often employed to protect the brand value of luxury goods.