Ebay urges passage of Discount Pricing Consumer Protection Act

WASHINGTON Tod Cohen, VP and deputy general counsel for government relations at Ebay, testified before the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights urging them to pass The Discount Pricing Consumer Protection Act.

"Retail price-fixing, as allowed for in the Supreme Court's Leegin decision, is anti-competitive, and is hurting small businesses and consumers," said Cohen. "The efficiencies and consumer benefits of the open Internet and open competition are immense. Because of the Leegin decision, large manufacturers and their biggest retail partners are able to use price-fixing to curtail Internet and small business based competition. These established players are threatened by innovative online businesses, such as Ebay sellers, that offer consumers better prices, more options and new services.