Fair Trade Act

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Fair Trade Act

15 U.S.C. § 1: US Code – Section 1: Trusts, etc., in restraint of trade illegal; penalty

This description of the Fair Trade Act tracks the language of the U.S. Code, except that, sometimes, we use plain English and that we may refer to the “Act” (meaning Fair Trade Act) rather than to the “subchapter” or the “title” of the United States Code.

U.S. Code Citation


U.S. Code Section and Head

  • United States Code – Section 1
  • Head of the Section: Trusts, etc., in restraint of trade illegal; penalty

Text of the Section

Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $100,000,000 if a corporation, or, if any other person, $1,000,000, or by imprisonment not exceeding 10 years, or by both said punishments, in the discretion of the court.

The Fair Trade Act

The Fair Trade Act (Aug. 17, 1937, Chapter 690, title VIII, 50 United States Statutes at Large 693) is a U.S. federal law, passed by the United States Congress. The Fair Trade Act was signed into law by President.

Fair Trade Act is the popular name of a piece of legislation of Congress by which it should be cited. Often acts (like the Fair Trade Act) are given popular or alternate names that may not be used in the Code.


  • Long Title of Fair Trade Act:
  • Other Short Title(s):
  • Colloquial Acronym(s):
  • Nickname(s): Fair Trade Act
  • Enacted by: the th United States Congress
  • Effective Date:

Citations of the Fair Trade Act

(Aug. 17, 1937, ch. 690, title VIII, 50 Stat. 693)

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Authorities (CFR)


Legislative Provisions of the Fair Trade Act

Commentary on the Fair Trade Act

Implementation of the Fair Trade Act

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(Aug. 17, 1937, Chapter 690, title VIII, 50 United States Statutes at Large 693)

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Legislative History of the Fair Trade Act

Act(s) amended:
Related Bills:
Introduced: in the House of Representatives / Senate as H.R./ S. by (Sponsor/s) on
Committees Actions:
Passed the House of Representatives on
Passed the Senate on
Other Congressional Actions:
Signed into law by President on
References: Federal | Compiled | Fair Trade Act and History Notes | Bill Tracking | Legislative History Citations

Federal Materials

Updating the Fair Trade Act

Congress can amend or repeal statutes like the Fair Trade Act all the time. To make sure that the is still current (valid), check the Fair Trade Act in the Classification Tables to locate the latest laws affecting the Code.

Model Acts and Uniform Laws

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