fair-trade act   (TTS Sound)

The fair-trade_act has 1 Senses.

• fair-trade act
• 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
• 商品に最低小売価格を設定することができるようにすることで、価格引き下げからメーカーを保護したかつての州法