High court allows price-fixing by manufacturers
Legal News Center
[##_1L|1117795531.jpg|width="180" height="122" alt=""|_##]Manufacturers may set a fixed price for their products and forbid retailers from offering discounts, the Supreme Court said yesterday, overturning a nearly century-old rule of antitrust law that prohibited retail price fixing. The 5-4 ruling may be felt by shoppers, including those who buy on the Internet. It permits manufacturers to adopt and enforce what lawyers called "resale price maintenance agreements" that forbid discounting.
Until yesterday, the nation has had an unusually competitive retail market, in part because antitrust laws made it illegal for sellers or manufacturers to agree on fixed prices. The Supreme Court, in a 1911 case involving a Dr. Miles and his patented medicines, had said that price-fixing agreements between manufacturers and retail sellers were flatly illegal.
The rule's practical effect was to discourage a manufacturer from setting a price -- leading, for instance, to stickers on new cars that list the "manufacturer's suggested retail price." However, in yesterday's opinion, the high court described this rule as out of step with modern economics.
Related listings
-
Supreme Court blocks Texas man's execution
Legal News Center 06/28/2007[##_1L|1258421544.jpg|width="120" height="101" alt=""|_##]The Supreme Court blocked the execution Thursday of a mentally ill Texas man whose lawyers say he is too delusional to understand the legal process. Scott Panetti, a paranoid schizophrenic, sh...
-
Lawyer sues for defamation in corruption case
Legal News Center 06/27/2007[##_1L|1101031443.jpg|width="120" height="138" alt=""|_##]An El Paso lawyer has filed a defamation suit against a former county employee who has pleaded guilty in an ongoing federal corruption scandal. Martie Jobe claims in a suit filed Monday that s...
-
Court bars suit on faith-based plan
Legal News Center 06/26/2007A divided Supreme Court yesterday stopped an atheist group's lawsuit against President Bush's faith-based initiative, ruling that the plaintiffs do not have standing in the case and thus enabling Bush to continue a program he created by executive ord...
Victorville CA DUI defense Attorneys
The outcome of a DUI defense will have a long-term effect on anyone’s life, making the decision to receive legal representation an easy one. The fact is, most people accused of a DUI are first offenders with no criminal background. Whether this is your first run in with the law or you have had previous convictions, you are in need of a DUI defense attorney.
The charges you are facing for a DUI range from fines, a 12-month suspension on your license and worst-case scenario, prison time. Your attorney will be able to analyze your situation to decide the best way to go about your case.
Our attorneys know the tricky ways to challenge all of the DUI tests and know how to claim improper collection of evidence. We will be able to negotiate on your behalf and free you from charges and help you keep your drivers license. The DUI process can last up to several months, we can make this process easier on you. .