RETAIL TRADE: Fixed-Price War

For months a battle has raged among retailers, manufacturers, discount houses and the courts over the interpretation and enforcement of Fair-Trade laws. Last week the disagreement spread to the Federal Trade Commission and the U.S. Justice Department's Antitrust Division.

FTC touched off the dispute with Antitrust when it ruled that Eastman Kodak Co. may sign Fair-Trade contracts with independent retailers, even though these retailers compete with Kodak's own retail stores. Nobody was more surprised at FTC's decision than the trustbusters. Only a month ago Eastman agreed to drop Fair-Trade pricing on Kodachrome...

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