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Fair-trade act   /fɛr-treɪd ækt/   Listen
Fair-trade act

noun
1.
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.






WordNet 3.0 © 2010 Princeton University








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Words linked to "Fair-trade act" :   statute, legislative act



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