abstract:A fair trade law was a statute that permitted manufacturers the right to specify the minimum retail price of a commodity, a practice known as "price maintenance". They first appeared in 1931 during the Great Depression in the state of California.
Thequestion is put forwardfor one reason that thefactof the abuse of AntidumpingLawhasrun counter to itspurpose, and effected the freetradeandfaircompetitionmuchnegatively.