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US: Utah first state to ban contact lens price fixing

By  |  April 12, 2015

The Contact Lens Consumer Protection Act Amendments, was signed into law March 27, makingUtah the first state to ban contact lens manufacturers from fixing retail prices on contact lenses through unilateral pricing policies.

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    The law is industry-specific, and to the thinking of some is an inappropriate way to enforce free trade since federal trade protections and remedies are available judicially through antitrust laws.

    The Contact Lens Consumer Protection Act Amendments bill was brought to Utah’s Legislature under Senate Bill 169.

     

    Full Content: KCSG Television

     

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