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
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.
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.
Samsung has been using what it calls a "Unilateral Pricing Policy" or UPP. They dictate what the price will be and all retailers follow suit. It can vary every few days depending on sales.

I thought it strange, at first, until I kept up with the ads and got a great deal on a 51" plasma TV. One day it was going for $1397 ($100 down from full retail) to $997. The price was only good for 4 days and then went up to $1497.

Christmas came early for me!

I guess it pays to pay attention to trending prices and be a more informative buyer.

All the best,
Nonoise