Home Search The American Presidency Project
John Woolley and Gerhard Peters Home Data Documents Elections Media Links

** NOTE: The American Presidency Project will soon launch a new website with a more contemporary look and improved search capability. While we continue "beta testing" the new site, please excuse lapses in updating this site.
We expect to have the new site on-line in June.

• Public Papers of the Presidents
• State of the Union
Addresses & Messages
• Inaugural Addresses
• Farewell Addresses
• Weekly Addresses
• Fireside Chats
• News Conferences
• Executive Orders
• Proclamations
• Signing Statements
• Press Briefings
• Statements of
 Administration Policy
• Economic Report of the President
• Debates
• Convention Speeches
• Party Platforms
• 2016 Election Documents
• 2012 Election Documents
• 2008 Election Documents
• 2004 Election Documents
• 1996 Election Documents
• 1968 Election Documents
• 1960 Election Documents
• 2017 Transition
• 2009 Transition
• 2001 Transition
• White House Media Pool Reports
Data Index
Audio/Video Index
Election Index
Florida 2000
Presidential Libraries
View Public Papers by Month and Year

INCLUDE documents from the Office of the Press Secretary
INCLUDE election campaign documents, vice presidential documents, first lady, and other executive branch officals
Search the Entire Document Archive
Enter keyword: 

Limit by Year

To    :

Limit results per page

INCLUDE documents from the Office of the Press Secretary

INCLUDE election campaign documents, vice presidential documents, first lady, and other executive branch officals

You can search the Public Papers in two ways:

1. Search by Keyword and Year
You can search by keyword and choose the range of years within your search by filling out the boxes under Search the Public Papers.

2. View by Month and/or Year
Select the month and/or year you would like information about and press View Public Papers. Then choose a Public Paper and the page will load for you.

Search Engine provided by the Harry S. Truman Library. Our thanks to
Jim Borwick and Dr. Rafee Che Kassim at Project Whistlestop for critical assistance in the implementation of the search function, and to Scott Roley at the Truman Library for facilitating this collaboration.
Gerald R. Ford: Statement on the Consumer Goods Pricing Act of 1975.
Gerald R. Ford
724 - Statement on the Consumer Goods Pricing Act of 1975.
December 12, 1975
Public Papers of the Presidents
Gerald R. Ford<br>1975: Book II
Gerald R. Ford
1975: Book II
Font Size:
The American Presidency Project

Promote Your Page Too

I AM today signing into law H.R. 6971, which will make it illegal for manufacturers to fix the prices of consumer products sold by retailers. This new legislation will repeal laws enacted in 1937 and 1952 which .amended the Federal antitrust laws so States could authorize otherwise illegal agreements between manufacturers and retailers setting the price at which a product would be sold to consumers. Altogether, over the years, 46 States enacted such laws.

The so-called fair trade laws were a response to the unique economic conditions of the Depression. These State laws require all retail merchants to sell brand name merchandise at a price set by the manufacturer if the manufacturer wanted his product to be labeled a fair trade item. In essence, these laws prohibit price competition between retailers on many consumer products.

If a merchant offers consumers a discount price on a fair trade item, he is subject to criminal action in those States with fair trade laws. As a result, these laws prevent the American people from receiving the benefit of lower prices on cameras, watches, sporting goods, small appliances, auto supplies, and many other brand name products. In today's economy, these restraints on competition no longer make sense.

When this new legislation takes effect 90 days from now, retailers will again be able to set prices on a more competitive basis, thereby enabling consumers in all 50 States to shop for the best products at the lowest possible prices.

Many States already have recognized the unfairness of these laws. Since January of this year, 15 State legislatures have repealed their fair trade laws. I commend the actions of these States.

I commend the Congress as well for its bipartisan recognition that price competition is important to American consumers and for its timely consideration of this legislation. Now that H.R. 6971 is law, I hope that the Congress and the Administration will continue to work together to achieve the much needed reform of other Government laws and regulations which impose hidden and unnecessary costs on American consumers. In particular, I hope that the Congress will support my program of regulatory reform in such important areas as air transportation, trucking, and financial institutions.

As I have been saying since taking office, the best way we can protect the consumer is to identify and eliminate costly, inefficient, and obsolete laws and regulations. Thus, I take particular pleasure in signing this bill for the benefit of the American consumer.

Note: As enacted, H.R. 6971 is Public Law 94-145 (89 Stat. 801).
Citation: Gerald R. Ford: "Statement on the Consumer Goods Pricing Act of 1975.," December 12, 1975. Online by Gerhard Peters and John T. Woolley, The American Presidency Project. http://www.presidency.ucsb.edu/ws/?pid=5432.
© 1999-2018 - Gerhard Peters and John T. Woolley - The American Presidency Project ™
Locations of visitors to this page