Saturday, June 6, 2015
Attorneys for State of Utah and Contact Lens Manufacturers Parry in Appeals Court
"Utah state attorneys have asked an appeals court to clear the way for a contentious law that bans price fixing by contact lens makers and could have wide-ranging implications for the $4 billion industry," reports the Standard Examiner. "The Utah Attorney General’s Office argued in court documents that the law banning minimum prices set by the country’s biggest contact lens makers is an antitrust measure designed to increase competition and help customers.State attorneys asked the 10th U.S. Circuit Court of Appeals in Denver to lift an injunction blocking the law Tuesday. They were joined by the discount retailers Costco and Utah-based 1-800 Contacts. Suing to block the law are lens makers Alcon Laboratories, Johnson & Johnson, and Bausch & Lomb. They say minimum price are good for customers and eye doctors, and the law was written specifically to benefit 1-800 Contacts." Read more.