an agreement (illegal in the United States) between the manufacturer of a trademarked item of merchandise and its retail distributors to sell the item at a price at or above the price set by the manufacturer
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fair-trade agreement::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | agreement, understanding |
Examples of fair-trade agreement
fair-trade agreement
Everything sold here, from the Tunisian pottery to the silver bracelets from Bali, is produced under a fair-trade agreement.
From the time.com
They refused to sign a fair-trade agreement with Seagram and Calvert distillers, and sold their liquor at cut rates, despite Louisiana's fair-trade law that made such price-cutting illegal.
From the time.com
There are many concerns with creating a trade agreement with Japan by lots of countries, but if Japan corporates and is fair, then everything should work out easily.
From the economist.com
