Does fair trade still exist


When I was growing up in the 70's a lot of products had a fair trade sticker or tag on it. Basically it meant the store could not discount the Item. I guess it must of been a federal law. I haven't seen fair trade stickers or tags on gear in over 25 years. Do these laws still exist on paper or were they overwritten?
taters

Showing 1 response by br3098

Fair trade laws were enacted on a state-by-state basis, but they were deemed unlawful by the FTC and in a large number of actions in various Federal Courts in the early 1980s.

So, manufacturers cannot dictate to resellers at what price they can sell products to customers (with certain exceptions), but what they do often require resellers to comply with minimum advertised pricing (MAP), which has been deemed legal in most (if not every) state.