Social Sciences and the Law

What happened to the free-trade laws?

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In the late 1950s, however, many manufacturers began to abandon the practice of setting minimum retail prices, largely because of the difficulties involved in enforcing such agreements. With the post-World War II rise of bargain outlets for a wide range of consumer products, fair-trade laws became increasingly unpopular and were repealed in many jurisdictions. In 1975, federal legislation eliminated the remaining fair-trade laws.

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Get more facts and information about fair-trade laws from The Columbia Encyclopedia, Sixth Edition at Encyclopedia.com.

Similar questions: Why did manufacturers abandon the practice of setting minimum retail prices? How did the free-trade laws lose their strength? Why did the free-trade laws lose their strength? What led to the demise of free-trade laws? [ Hide these questions ]

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