LAW 642 Lecture Notes - Lecture 52: Microsoft, Brighton Collectibles, Resale Price Maintenance
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Tighter alliances and tight joint ventures--------------------------------------------: texaco/shell oil. The only two competitors in the military launch services market (awesome) permitted to merge under consent decree. This is merely a comment on the consent decree, but is not legally binding. The ftc gives great deference to the opinion of the department of defense because they are the sole consumer, and presumably have a good sense of their own welfare. Two possible justifications: there is no consumer harm, defense is an exception to the ban on public interest justifications. You"re eliminating competition completely: vertical restraints---------------------------------------------------------, formative law: resale price maintenance------------------------------------------, the basic rule for the first century: dr. Miles, many states enacted statutes to allow vertical resale price restrictions. Some of them included allowance for nonsigner provisions, which extends applicability of rpm agreements to, with fair notice, even those retailers who did not sign agreement. Congress passed miller-tydings act, allowing rpms but silent as to nonsigner provisions.