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 elizabeth

In general companies can make rules for retail sellers. They can do this becuse they are providing a product with strings attached.
Folks who do not want to follow the rules, no longer get to sell that product.
The best way to 'enforce' this is to deny product, or for illegal sales to refuse warranty.
The person buying can still possible find some grey market, but then the warranty is void.
It is legal for companies to do this.
It is not
price fixing. Price fixing is collusion between different companies to cause prices of similar products to be equally high.
One company protecting it's margin is NOT price fixing.