Laws, courts and authorities
RRP
Abbreviation for recommended retail price
In short and in plain language
The RRP is a price that a maker suggests to shops, but does not set.
Shops sometimes show it next to their own price, so that you can compare.
Pricing law has its own rules for such price comparisons.
Definition
The RRP is a selling price that a manufacturer recommends to retailers without prescribing it. Retailers sometimes show it as a reference price next to their own price. Pricing law sets out its own requirements for such price comparisons.