A PYMNTS Company

US: Commissioner Wright wants new regulatory direction for loyalty discounts

By  |  June 4, 2013
US: Commissioner Wright wants new regulatory direction for loyalty discounts

Federal Trade Commissioner Joshua Wright has stated that loyalty discounts made between retailers and suppliers should be considered a form of exclusive dealing on a consistent basis by the FTC. The remarks were made in a speech delivered by Commissioner Wright on Monday at the Bates White 10th Annual Antitrust Conference in Washington, D.C. According to Wright, ‘excusive dealing law is superior to price-cost legal standards for evaluating loyalty discounts,” and loyalty discounts could harm competition if not analyzed under the exclusive dealing framework. Going forward, said Write, the FTC should apply such an exclusion-based framework of analysis as opposed to a price predation approach. CPI has acquired the full speech delivered by Commissioner Wright, which can be accessed through the link below.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Federal Trade Commission

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.