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fair-trade act

Definitions

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun 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

Etymologies

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Examples

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hypernyms (2)

Words that are more generic or abstract

  1. legislative act
  2. statute

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