[Boatanchors] OT Fair Trade Prices

Richard Knoppow 1oldlens1 at ix.netcom.com
Sun Nov 21 14:03:11 EST 2021


     Most boatanchor owners are familiar with the advertising 
selling the commercial gear in the 1950s, in particular that the 
advertised prices were all the same. Dealers, like Henry Radio 
and World Radio Labs, competed on the basis of offering the best 
trades or best terms but the prices were exactly the same.
    This system was called "fair trading" and was quite different 
from the process for agricultural products now being proposed. I 
found a decent legal paper on the old fair trading and thought it 
might be of some interest here. Fair trading was eventually found 
to be illegal but was the rule of sales for perhaps thirty years.
<https://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=8274&context=ylj>
    I should point out that the actual prices payed were often 
not the advertised price. I remember paying "net" prices for 
stuff, well under the "list" or advertised price but such prices 
were never advertised.
-- 
Richard Knoppow
1oldlens1 at ix.netcom.com
WB6KBL


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