Saturday, June 30, 2007

Resale Price Maintainence, Per Se Illegal No More

In the US, that is. Here is the link in NYT. HT to Arnold Kling at the Econlog for the pointer.

BTW, the evidence of liberal bias in media is obvious in this line taken from the story:

The new rule is considerably more favorable to defendants.

A classical liberal type writer would say:

The new rule helps prevent the government from inflicting harm on efficiency-enhancing business practices.

Wondering what HK competition law's stance towards RPM would be, we would know soon.

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