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Price-Floor Ruling May Have Small Effect.

Authors :
McWilliams, Gary
White, Joseph B.
Bravin, Jess
Vara, Vauhini
Warren, Susan
Trachtenberg, Jeffrey A.
Source :
Wall Street Journal - Eastern Edition. 6/29/2007, Vol. 249 Issue 151, pA2. 0p.
Publication Year :
2007

Abstract

The article reports on the decision of the U.S. Supreme Court to overturn the ban on price agreements between manufacturers and retailers. It notes that the ruling does not affect the pricing of automobiles, electronic products, books and shampoos. According to economist Jeremy Bulow, a minimum price allows manufacturers to fund training and other services. The court's minority is concerned that the ruling will prevent the delivery of lower price goods to consumers.

Details

Language :
English
ISSN :
00999660
Volume :
249
Issue :
151
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
25659419