GOVERNMENT: Repeal Fair Trade?

When Attorney General Herbert Brownell set up a committee in 1953 to study the nation's antitrust laws, he made it plain that Fair Trade pricing would be one of the key subjects. Last week, after one of the most comprehensive antitrust studies ever undertaken, the committee of 61 lawyers, professors and economists turned in its 394-page report. Chief recommendation: Fair Trade laws should be repealed.

"Fair Trade' pricing," said the report, "may enable distributors to extinguish price competition . . . 'Fair trade,' when used as a device for relieving distributors...

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