Roberts Supremes reverses 100 years of antitrust law
June 29, 2007 12:13 PM Subscribe
There's been much talk about the Supreme's decisions on desegregation and free speech, but another ruling with broad consumer impact has gone relatively unnoticed. In a 5-4 decision [PDF], the U.S. Supreme Court struck down a 96-year-old ban on minimum pricing agreements between manufacturers and retailers. Dissenting opinion believes that this ruling will hurt consumers, raise prices and keep new retailers out of the marketplace. The 1911 ruling that was overturned was Dr. Miles Medical Co. vs. John D. Park & Sons which decided that it is always illegal for a supplier to dictate minimum prices to a retailer.
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