- fair trade laws
State laws that permitted manufacturers or producers to set minimum rates for the resale of the product. They have been repealed in most states.Category: Business, LLCs & CorporationsCategory: Personal Finance & Retirement
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- fair trade laws
n.state laws which permit manufacturers or producers to set minimum rates for resale of the product. They have been repealed or found violative of state constitutions in many states.
Law dictionary. EdwART. 2013.
Look at other dictionaries:
fair-trade laws — State statutes enacted in the first half of the twentieth century permitting manufacturers to set minimum, maximum, or actual selling prices for their products, and thus to prevent retailers from selling products at very low prices. Dictionary… … Law dictionary
fair trade laws — State laws that have permitted manufacturers and other producers to set minimum rates for the resale of their products. Such laws have been repealed or disputed in many states … Business law dictionary
fair trade laws — State statutes which permit manufacturers or distributors of namebrand goods to fix minimum retail prices. Following a series of court decisions striking down such statutes, Congress in 1976 repealed such statutes … Black's law dictionary
fair-trade law — a state or federal law authorizing fair trade agreements: repealed 1975. * * * ▪ economics in the United States, any law allowing manufacturers of branded or trademarked goods (or in some instances distributors of such products) to fix the… … Universalium
fair trade law — In the U.S., any law allowing manufacturers of brand name or trademarked goods to fix the actual or minimum resale prices of these goods. (Elsewhere the practice is called price maintenance.) Fair trade laws were passed by many states during the… … Universalium
Fair trade — For other uses, see Fair trade (disambiguation). Fair trade is an organized social movement and market based approach that aims to help producers in developing countries make better trading conditions and promote sustainability. The movement… … Wikipedia
Fair trade law — A fair trade law was a statute that permitted manufacturers the right to specify the minimum retail price of a commodity, a practice known as price maintenance . They first appeared in 1931 during the Great Depression in the state of California.… … Wikipedia
Trade — A verbal (or electronic) transaction involving one party buying a security from another party. Once a trade is consummated, it is considered done or final. Settlement occurs 1 5 business days later. The New York Times Financial Glossary * * * ▪ I … Financial and business terms
trade — An oral (or electronic) transaction involving one party buying a security from another party. Once a trade is consummated, it is considered done or final. settlement occurs 1 5 business days later. Bloomberg Financial Dictionary A trade is a deal … Financial and business terms
fair — adj 1: characterized by honesty and justice: free from self interest, deception, injustice, or favoritism a fair and impartial tribunal 2: reasonable as a basis for exchange a fair wage a fair valuation 3: consistent with merit or importance … Law dictionary