The present actions being taken to mark the transition from cold to hot war are settling a number of problems and creating a host of others. The direction of our national effort within the economy will shift to production; our normal interest would be in distribution. This shift will not mean that the antitrust laws will be entirely suspended. There remain certain vital functions of protecting whole classes of citizens during the coming years of stress and for that day when once again we return to our new two-cars-for-every-family ideal.
'But it cannot be denied that a discussion of lowering prices has taken on an air of unreality. We can only foresee governmental action to place ceilings on all prices, with no floors being contemplated. And yet such a discussion is not without justification. The time to plan for the future is now. The reality of the issues involved is clear now. The controlling judicial decisions are being made now. As we leave the world of the buyer's market, let us look at it and examine some of its problems. It is our world--one in which sellers compete among themselves to fulfill the limitless demands of buyers.
Stanley D. Rose,
The Right of a Businessman to Lower the Price of His Goods,
4 Vanderbilt Law Review
Available at: https://scholarship.law.vanderbilt.edu/vlr/vol4/iss2/1