FAIR-TRADE ACT

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does fair-trade act mean? 

• FAIR-TRADE ACT (noun)
  The noun FAIR-TRADE ACT has 1 sense:

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

  Familiarity information: FAIR-TRADE ACT used as a noun is very rare.

 Dictionary entry details 

• FAIR-TRADE ACT (noun)

Sense 1

Meaning:

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

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("fair-trade act" is a kind of...):

legislative act; statute (an act passed by a legislative body)