• Definition for "fair-trade act"
    • formerly a situation law that safeguarded manufacturers from…
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  • Hypernym for "fair-trade act"

fair-trade act definition

  • noun:
    • formerly a situation law that safeguarded manufacturers from price-cutting by permitting all of them setting minimal retail prices for their particular product; eliminated by the united states of america Congress in 1975
    • previously a situation legislation that safeguarded makers from price-cutting by allowing all of them to set minimum retail prices for their particular merchandise; eliminated because of the United States Congress in 1975
    • previously circumstances legislation that protected manufacturers from price-cutting by allowing all of them to set minimum retail charges for their merchandise; eliminated because of the United States Congress in 1975
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