vettecat: (bookcase)
[personal profile] vettecat
Saw an article in a printer's newsletter today about a Supreme Court decision that will affect us in a positive way. Apparently they've overturned an old antitrust law, with the result that manufacturers can now enforce, rather than merely suggest, retail prices. (I imagine that [livejournal.com profile] osewalrus has been following this already.) That's good for us because it should reduce the number of people undercutting our prices and stealing away customers we've worked with. But I wonder how it's going to affect discount chains and such. This should be interesting...

Date: 2007-08-09 12:49 am (UTC)
sethg: picture of me with a fedora and a "PRESS: Daily Planet" card in the hat band (Default)
From: [personal profile] sethg
On the one hand, I think the majority decision made a good argument on economic grounds that allowing manufacturers to dictate minimum prices to retailers is not necessarily a restraint of competition.

On the other hand, the Supremes were not overturning a law--they were overturning their predecessors' interpretation of the Sherman Antitrust Act. That doesn't sit well with me. The old interpretation had been settled for almost a hundred years. It manufacturers had a good case to make for changing it, they should have gone to Congress and convinced our elected representatives to change the law.

I'm also worried that this is part of a broader trend in American jurisprudence to interpret the law in whatever way is most convenient for large corporations.

Date: 2007-08-09 05:05 am (UTC)
From: [identity profile] vettecat.livejournal.com
I don't think this affects the manufacturers much, they still get the same wholesale price regardless of what the product actually sells for.

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