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definition Fair-trade act
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1. fair-trade act (Noun)
1 definition
| 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 |
2 types of
| # | Word | Number of letters | Number of synonyms | ||
|---|---|---|---|---|---|
| 1. | legislative act | 14 letters | 1 synonym | ||
| 2. | statute | 7 letters | 17 synonyms |
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