The Rules Of Vertical Price-fixing Agreements

Vertical price-fixing agreement not only restricts competition promotes competition, always improves the economic efficiency, and increases social wealth. Among them, for maximum resale agreement, generally considered itself legal. But for the rules of the minimum resale price agreement has experienced from the itself illegal principle to the principle of reasonable. And most countries generally adopted reasonable principle. Market economy started late in our country, for vertical price-fixing agreement regulation is not yet mature, and there are still problems in the legislation and practice. So, we should base on these problems, combined with specific national conditions of our country, appropriate reference to the relevant experience of the European Union, the United States. I think on to the vertical price-fixing agreements in legislation of our country should draw lessons from the European Union, Supply legislation, formulate corresponding detail guide. In practice, it should follow the reasonable principle, from the existing protocol behavior factor, market force, the actual effect of the competition to study, to protect legal and effective competition.