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Court Allows Contested Contact Lens Price-Fixing Law
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13.06.2015
A federal appeals court cleared the way for a hotly contested Utah law banning price fixing for contact lenses Friday, a ruling that could have wide-ranging effects on the $4 billion industry. The decision handed down from the 10th Circuit Court of Appeals in Denver comes after three of the nation's largest contact lens manufacturers sued to halt the measure. Alcon Laboratories, Johnson & Johnson and Bausch & Lomb contend the law is a brazen overreach written to give Utah-based retailer 1-800 Contacts and other discount sellers an illegal end run around minimum prices set by the companies.
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