EBay Exec: New Congress Must Tackle Antitrust Issues

eBay deputy general counsel Tod Cohen believes the 111th Congress should reverse a 2007 Supreme Court decision that overturned nearly 100 years of antitrust precedent. The 5-4 ruling allows manufacturers to set a minimum price below which a retailer cannot sell a manufacturer's product, which some believe threatens the existence of discounting and discount stores and could lead to higher prices for consumers.