Testifying at a panel organized by the FTC and the Department of Justice's Antitrust Division, top lawyers for GE and Kodak said companies need more clarity in antitrust laws when it comes to the sale of products bundled in a discounted package deal, and to the sale of services and parts for a product. Previous court rulings have left the law ambiguous on when corporate behavior may violate Section 2 of the Sherman Antitrust Act and make companies vulnerable to lawsuits by competitors, the lawyers said.
March 01, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Top lawyers for General Electric Co. and Eastman Kodak Co. told federal regulators last month that companies need more clarity in antitrust laws when it comes to the sale of products bundled in a discounted package deal, and to the sale of services and parts for a product.
“Companies are concerned that the rules aren’t clear,” Ronald Stern, vice president and senior counsel for antitrust at General Electric, said in an interview after the hearing.
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