The Spark

the Voice of
The Communist League of Revolutionary Workers–Internationalist

“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx

Supreme Court’s Crazy Logic:
Price Floors Help Competition!

Jul 2, 2007

The Supreme Court last week overturned a 100-year-old antitrust rule when it decided that manufacturers COULD agree together to set a base price for retail prices on their goods–so long as the agreement promotes competition!

How could a deal to impose a price floor promote competition?!

In the logic of the Supreme Court, very easily. The only competition that matters to the corporate competition for higher and higher profits!