A major online seller of contact lenses wants Mississippi to adopt a law to prevent suppliers and manufacturers from setting a minimum price for them.Read more.
1-800-Contacts, a supporter of Senate Bill 2016, says Johnson & Johnson Vision Care implemented a new pricing strategy last year that requires a minimum price for some of their contact lenses.
The Senate Public Health and Welfare Committee conducted a public hearing today on the bill, hearing from both 1-800-Contacts officials and officials of Johnson & Johnson.
Johnson & Johnson says the unilateral pricing policies will lead to lower prices for consumers.1-800-Contacts says the pricing strategy is leading to higher prices for consumers that will continue to increase.
Friday, January 30, 2015
1-800 Contacts Starts New Battle in Mississippi
About two weeks ago, 1-800 Contacts asked the stare legislature of Oregon to look into the pricing policies of contact lens suppliers. It's doing the same in Mississippi as reported in the Clarion-Ledger: