Two excellent analyses on Truth on the Market of the Supreme Court's decision in Leegin last week that overturned the Dr. Miles case on the practice of retail price maintenance. Josh Wright is here and Thom Lambert is here.

Thom's analysis focuses on the legal issues involved and especially the justification for applying a weaker form of stare decisis in antitrust cases.

Josh's analysis focuses on the economics of vertical restraints, and in particular, the possible implications of Leegin for future vertical restraints cases.

Both posts are highly recommended.