Thursday, December 6, 2007

Nine West wants to set minimum resale prices

Businesses are beginning to react to the Supreme Court's Leegin decision (Will Resale Price Maintenance Return?; Amicii brief of economists; PNG's brief ). In 2000, the FTC convicted Nine West of vertical price fixing, and prohibted them from
fixing, controlling, or maintaining the retail price of women’s footwear, as well as from coercing or pressuring any dealers to maintain, adopt, or adhere to any resale price. According to the petition, the June, 2007 U.S. Supreme Court decision in Leegin Creative Products ... “constituted a dramatic change in antitrust law and requires that the order now be reexamined.” Nine West’s petition also states that ... the Leegin ruling has put it at an unfair competitive disadvantage because it is prohibited from entering into minimum resale price maintenance agreements now available to its competitors.
The aai is opposed.

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