What is the meaning of fair-trade act?

noun

  • Formerly a state law that protected manufacturers from price-cutting by allowing them to set minimum retail prices for their merchandise; eliminated by the United States Congress in 1975. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). fair-trade act. Retrieved September 21, 2026, from http://smartdefine.org/fair-trade_act/definitions/1216821
ChicagoWordNet. 2010. "fair-trade act" http://smartdefine.org/fair-trade_act/definitions/1216821 (accessed September 21, 2026).
HarvardWordNet 2010, fair-trade act, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/fair-trade_act/definitions/1216821>.
MLAWordNet. "fair-trade act" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/fair-trade_act/definitions/1216821>