[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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