English dictionary

fair-trade act meaning and definition

Definition and meaning of fair-trade act at MeaningMonkey.org. fair-trade act meaning and definition in the English Dictionary.

FAIR-TRADE ACT noun

Definition of fair-trade act (noun)

  1. 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
Source: Princeton University Wordnet

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