HyperDicEnglishFAIR ... fair-trade act

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Related WikiPedia: fair-trade act
English 1 sense of the expression fair-trade act:
NOUNcommunicationfair-trade actformerly a state law that protected manufacturers / manufacturers from price-cutting by allowing them to set minimum retail prices for their merchandise
Englishfair-trade act: 1 sense noun 1, communication
Meaningformerly a state law that protected manufacturers / manufacturers from price-cutting by allowing them to set minimum retail prices for their merchandise; eliminated by the United States Congress in 1975.
Broaderlegislative act, statuteAn act passed by a legislative body

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