Does fair trade still exist

"Fair trade" is no longer legal but contracts between manufacturers and retailers usually make it appear that they will sell at the same price or lose their contract. Often it is nothing more than an agreement not to advertise at any price less than the MRSP. What they actually sell for is a different issue, and is in any event virtually uninforcable beyond cancelling the dealer relationship (not a small thing though for many dealers). A direct approact to pass on and advertise a discount under such circumstances is advertising an 'openbox' or 'demo' unit which in fact is new. Interestingly in tightly controlled product distribution many, if not most dealers, will not discount much or at all on the product itself.

That is what I believe anyway.

I agree with Elzabeth.

Price fixing is collusion between different companies to cause prices of similar products to be equally high

The oil companies do it at the pump all the time and nobody ever says boo.

The oil companies don't price gas at the pump, the retailers do.

Fair trade laws were enacted on a state-by-state basis, but they were deemed unlawful by the FTC and in a large number of actions in various Federal Courts in the early 1980s.

So, manufacturers cannot dictate to resellers at what price they can sell products to customers (with certain exceptions), but what they do often require resellers to comply with minimum advertised pricing (MAP), which has been deemed legal in most (if not every) state.