FTC Targets Retail Giants with 1930s Antitrust Law
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The FTC is channeling trustbuster-in-chief Teddy Roosevelt, who made life miserable for Wall Street financiers and others whose deals often came at the expense of ordinary folks.
The Federal Trade Commission is set to revive a near-100-year-old law – which went on the books not long after Teddy's presidency – that bans suppliers from offering deals to big box chains without offering the same discounts to independent retailers, Bloomberg reported. That's good news for small business owners, but it could spell price increases for consumers wherever they shop.
Source Fool.com
