Recent Developments in Government Price Fixing
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Date
1939-06
Authors
King, Charles William
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon
Abstract
While the thought by economic ills might be mollified by price fixing is by no means new, it has come into particular prominence during the Roosevelt administration. The N. R. A. It was the most ambitious and thoroughgoing attempt to fix prices in substantially all lines of industry and commerce in the United States. It fell by reason of an adverse court decision, although proponents of price fixing were given encouragement by the absence of anything in the decision against the constitutionality of price fixing as such. Whatever the merits of such a law, it indicates the direction in which legislators tend to turn in their efforts to combat the problems of economic maladjustment. The continued resort to different forms of price fixing during the 1930s shows the recurrent legislative faith in a solution labeled either “regimentation” or “necessary social control”, depending upon one'd preferences This paper is concerned with but two aspects of the price fixing problem period first, its constitutional history under the due process clauses of the federal constitution. Secondly, some current state and federal statutes are named and their principal features explained. A table is given showing which of the states have some of the better-known laws. The additional question of whether such laws be for good or ill, or whether they have failed or succeeded in the accomplishment of their professed objectives, is studiously avoided.
Description
137 pages
Keywords
fair trade laws, anti-trust laws, Robinson-Patman act