Friday, November 23, 2007

Wisconsin's Price-Fix Laws

Yup. The Leggies have introduced a bill to delete Wisconsin's Price-Fixing laws.

Just like I said, here, on November 16th.

Take THAT, Wiggy!

Madison – Today, Representative Leah Vukmir (R-Wauwatosa) and Representative Bill Kramer (R-Waukesha) unveiled legislation that will repeal Wisconsin’s archaic Unfair Sales Act and put into place a legislative framework that fosters competition, puts consumer welfare paramount, and reflects a vibrant 21st century marketplace.

The statutes will reflect United States and Wisconsin Supreme Court standards for determining anticompetitive behavior. Recent decisions by the courts have clearly stated that competition, not competitors, should be the overriding interest in the marketplace. As Daniel Crane of the Benjamin Cardozo School of Law points out, “punishing excessively low prices is paradoxical because the very objective of […] antitrust laws is to secure low prices for consumers.”


James Wigderson said...

Hey, I can only vouch for hot tips as I get 'em. :)

Billiam said...

Doyle will never sign it..

capper said...

In a related story, Vukmir and Kramer also announced a plan to have the state's name changed to WalMartsin.

Anonymous said...

Doyle has called for getting rid of it too.

Dad29 said...

Well, the bidding war has just started. Doyle may well change his mind, after all the bribes, er, campaign contributions arrive.