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 nonoise

Samsung has been using what it calls a "Unilateral Pricing Policy" or UPP. They dictate what the price will be and all retailers follow suit. It can vary every few days depending on sales.

I thought it strange, at first, until I kept up with the ads and got a great deal on a 51" plasma TV. One day it was going for $1397 ($100 down from full retail) to $997. The price was only good for 4 days and then went up to $1497.

Christmas came early for me!

I guess it pays to pay attention to trending prices and be a more informative buyer.

All the best,
Nonoise