Justices Abandon 96-Year-Old Ban on Price Floors

paro12 writes: The Supreme Court (In a 5-4 Decision) abandoned a 96-Year-Old Ban on manufacturers and retailers setting price floors for products. From the (short) article (NY Times login required)

Supporters said that allowing minimum price floors would hurt upstart discounters and Internet resellers seeking to offer new, cheaper and less expensive ways to distribute products.

USA Today coverage carries a little more information on the case, and this site (from Northwestern University) has background (and a legal perspective) on the case. The full court briefs are not yet available, but should appear here soon.