Fair Trade in retailing refers to an agreement between manufacturers and retailers that ensures the manufacturer's product is sold at or above an agreed-upon price. Despite its historical significance, the practice was effectively eliminated by the Consumer Goods Pricing Act of 1975.
Interstate commerce encompasses business activities among inhabitants of different states, including the transportation of persons and property, navigation of public waters, and the purchase, sale, and exchange of commodities.
The Interstate Commerce Commission (ICC) was an independent federal agency, established in 1887 and abolished in 1995, aimed at ensuring that public rates and services from carriers and transportation firms involved in interstate commerce were fair and reasonable.
The Lanham Act, officially known as the Federal Trade-Mark Act of 1946, is a foundational statute in United States trademark law that governs the registration and protection of trademarks, trade names, and other identifying markers used in interstate commerce.
