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Control of Restrictive Trade Practices

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Book cover Economic Policy

Part of the book series: Case Studies in Economics ((STEC))

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Abstract

Under the general heading of restrictive trade practices, we are concerned with two particular activities. First, collusive agreements made between firms in an industry, which impose restrictions on such things as the prices to be charged, conditions of sale, or quantities to be supplied. Second, the stipulation by the manufacturer of a price at, or above, which the retailer must resell his product (called resale price maintenance — R.P.M.) if he is not to run the risk of having sanctions applied against him.

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Sources and References

  • C. Brook, The Control of Restrictive Practices from 1956: A Study of the Restrictive Practices Court (1966).

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  • R. B. Stevens and B.S. Yamey, The Restrictive Practices Court: A Study of the Judicial Process and Economic Policy(1965).

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  • B. S. Yamey, The Economics of Resale Price Maintenance (1951).

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  • B. S. Yamey, (ed.), Resale Price Maintenance (1966). A collection of papers by various authors, dealing with R.P.M. in selected countries.

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  • O.E.C.D., Guide to Legislation on Restrictive Business Practices. Gives details of the monopoly and restrictive practices legislation of member states. Details of British legislation and summaries of Monopoly Commission reports and Restrictive Practices Court cases can be found in vol. III, which also contains an excellent bibliography. The Guide is continuously updated.

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© 1970 C. T. Sandford and M. S. Bradbury

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Bradbury, M.S. (1970). Control of Restrictive Trade Practices. In: Economic Policy. Case Studies in Economics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15733-4_5

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