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Supreme Court Ends Ban on Price Minimums

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Supreme Court Ends Ban on Price Minimums

Business

Supreme Court Ends Ban on Price Minimums

Supreme Court Ends Ban on Price Minimums

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  • <iframe src="https://www.npr.org/player/embed/11596214/11596215" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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The Supreme Court's 5-4 ruling allowing manufacturers to set and enforce minimum prices for their products overturns a nearly century old ban on resale price agreements in American retailing.

The court's minority worried that changing the law will allow manufacturers to raise prices across the board.

But many economists say consumers will be protected, because pricing of things from cars to shampoo will still be set by give-and-take between buyer and seller.

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