Re: AG Bonta: Full Steam Ahead!
We had the same in the UK for years only with a slight difference. It was called 'Retail Price Maintenance' and manufacturers of any product, usually the big producers, insisted that their product wasn't sold below the price dictated to retailers.
They could charge more if they wanted to but not below the price that they had to sell at. This meant that there was no competion at all as all retailers sold at the same price. Anyone who sold below the price was cut off by the manufacturer, and would never have supplies from them ever again.