Bush administration lawyers urged the Supreme Court today to repeal a nearly 100-year-old rule that bars manufacturers from fixing the retail prices of their products.
They argued that the rigid rule makes it harder for companies to market their products with special displays in retail stores.
. . .The National Assn. of Manufacturers and other business groups want the court to pull back on enforcing the antitrust laws so that companies can promote their brands as they see fit. Sometimes that could mean making contracts with retailers to charge a fixed minimum price for a product.
Since 1911, such contracts have been illegal under the antitrust laws.
The Consumer Federation of America says repealing this rule would allow manufacturers and retailers to set higher prices. It would hurt discounters, as well as shoppers who go online to look for deals, the group said.
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Par for the course.