Minimum resale price maintenance - US Supreme Court sets new parameters : competition law
Petra Krusche, Coreen Fouche
Abstract
Petra Krusche, Coreen Fouche
Abstract
In June this year the US Supreme Court overruled the century old Dr Miles rule that proscribed minimum retail price maintenance. Instead, it endorsed an approach that requires a prior evaluation of the effect of a minimum resale price maintenance on competition before it can be classed illegal or not.
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In June this year the US Supreme Court overruled the century old Dr Miles rule that proscribed minimum retail price maintenance. Instead, it endorsed an approach that requires a prior evaluation of the effect of a minimum resale price maintenance on competition before it can be classed illegal or not.
Key concepts: Resale price maintenance, Supreme court, Competition (biology), Rule of reason, Law, Vertical restraints, Economics, Business