For those of you unable to follow my live Twitter feed from the press conference yesterday morning (granted, for those of you on the West coast I started at 5am), I attempted to capture a lot of the sentiment coming out of an event featuring retailers, consumer advocates and government representatives who promised a hearing in the New Year and a re-introduced, two-page bill to ban RPM or “price-fixing.” This would overturn the Leegin Supreme Court decision of 2007 (see my previous post for background). (More …)
Posts Tagged: Leegin
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FEATURED POSTRichard Brewer-Hay / Friday, December 5th, 2008
Price Fixing Faces Tough Opposition in Washington D.C.
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FEATURED POSTRichard Brewer-Hay / Tuesday, December 2nd, 2008
eBay Ink in Washington D.C. for AAI Press Conference
Antitrust experts from the government, legal and academic communities are joining retailers and consumer advocates in Washington, D.C. on Thursday to discuss the anti-consumer effect that newly legal price-fixing, also known as ‘retail price maintenance’ (RPM), has had on the cost of consumer products.
From 1911 to 2007, antitrust law prohibited manufacturers from punishing retailers for selling at discounted prices. However, last year’s Leegin Supreme Court ruling overturned that law. On Thursday, retailers and consumer advocates, including eBay and the Consumer Federation of America will provide an outline of how the Leegin Supreme Court case has affected retailers and consumers. Policymakers and policy experts including Federal Trade Commission Commissioner Pamela Jones Harbour will discuss possible courses of action to address the negative impact of price fixing.
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