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 2 responses by ghostrider45

Whether we call it price fixing or something else, it still represents an attempt by the manufacturer to disrupt free market competition among its dealers. Many manufacturers dread having their products become commodities and try to keep retail prices artificially high to prevent it. The high end audio world is a Rolex and Champagne one,and preserving the image of ones product as a rare, unique, and expensive acquisition is essential to marketing to the high end customer.