This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
District of Columbia Contract between Manufacturer and Distributor Regarding Minimum Advertised Price
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FAQ
According to the California Attorney General, the state's antitrust and unfair competition laws prohibit vertical price-fixingnamely, a supplier cannot require, or agree with, a reseller of the supplier's products to resell at a minimum price (e.g., not below MSRP), or at a set price (MSRP).
What is a UMAP Program? A UMAP Program is typically a supply agreement in which a supplier directly or indirectly prohibits or discourages its customers from advertising the former's products below a certain price.
Resale Price Maintenance Agreements or (RPM) are arrangement where resellers agree that they will sell product or products at certain prices at or above price floor (minimum RPM) or at or below a price ceiling (maximum RPM).
After the Leegin decision, will a manufacturer's minimum resale price agreement always be legal? A. No. To be lawful under the federal antitrust law, the minimum resale price agreement will be evaluated by the courts (and juries) under the so-called rule of reason.
The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP) of a product is the price at which its manufacturer notionally recommends that a retailer sell the product.
IMAP stands for Internet Minimum Advertised Price. It is a MAP policy that brands draft specifically for products sold online.
The manufacturer's suggested retail price (MSRP) is the price that a product's manufacturer recommends it be sold for at point of sale. The MSRP is also referred to as the list price by some retailers. Every retail product can have an MSRP, though they are frequently used with automobiles.
An iMAP is specific to prices advertised online, but an eMAP includes all electronic communication channelseven text messaging. MAP pricing is broader than these two policies, and covers all print, physical, and digital channels a retailer may use to list pricing.
Manufacturer's suggested retail price (MSRP) is the price that the maker of a product recommends for it in customer-facing retail stores. A MSRP is commonly 2.5 to 3 times a wholesale price. Typically, retail establishments set their list price at or below the MSRP.
A: The key word is "suggested." A dealer is free to set the retail price of the products it sells. A dealer can set the price at the MSRP or at a different price, as long as the dealer comes to that decision on its own. However, the manufacturer can decide not to use distributors that do not adhere to its MSRP.