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fair trade laws

   Also found in: Wikipedia 0.04 sec.

fair trade laws n. state laws which permit manufacturers or producers to set minimum rates for resale of the product. They have been repealed or found violative of state constitutions in many states.



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Last June, the organization settled out of court a lawsuit HemaCare filed in 1995 alleging that its blood pricing in Los Angeles and Orange counties violated federal fair trade laws.
In addition, Fair Isaac believes that the agencies' marketing of a credit score product with a score range that overlaps the trademarked FICO score range of 300-850 is an unfair attempt to profit from confusion caused by the similar score ranges, as well as trademark infringement and a violation of fair trade laws.
UNITE has always fought -- and will continue to fight -- to keep manufacturing in North America, through industrial strategies that help make companies competitive and by arguing for fair trade laws.
 
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