The Spark

“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 them...is the corporate competition for higher and higher profits!