Washington, Dec. 29—The P.H. Hanes Knitting company of Winston-Salem, N.C., described as one of the largest manufacturers of knit underwear in the world, was ordered by the federal trade commission today to discontinue co-operating with dealers in the maintenance of a standard fixed price schedule at which its products are to be resold.
The commission found that the company had adopted a merchandising system in selling men’s and boys’ underwear throughout the United States to jobbers and stores, which included specifying prices at which its products should be resold to retail merchants. It was stated that the company had obtained the co-operation of dealers generally in maintaining their prices thus suppressing competition in the marketing of the products.
From the front page of The Concord Daily Tribune, Wednesday, Dec. 30, 1925
newspapers.digitalnc.org/lccn/sn92073201/1925-12-30/ed-1/seq-1/
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