Saturday, July 14, 2007
Weekend Stubble: Doc's Revenge
re: "...the Supreme Court threw out the ban on minimum pricing that has been around since the Dr. Miles decision of 1911. In short, manufacturers haven't been able to dictate prices to retailers, only "suggest" them. But now?...[snip]...It's a remarkable decision, and all the more noticeable in that it has generated no conversation yet on its potential effects over the long term to bookselling. Chains live on a steady diet of deeply discounted bestsellers. Should a major book conglomerate decide to impose minimum pricing, chains will no longer take this tactic entirely for granted, and may lose a vital advantage over indies..."...
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