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Jun 28, 2007 -- The Supremes say price fixing is OK
The Supreme Court ruled today in a 5-4 decision that price fixing is OK. Retailers used to pay the price for items set by the manufacturers and then set their own price for consumers. Now manufacturers will be able to tell retailers how much they must sell their product for. The only way that this won't stick is if the U.S. Congress makes laws in regard to this. When the Supremes hand down a decision though, things don't change right away. Price fixing is never good, and lets hope that things change or else we as consumers will be feeling our wallets pinched.
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