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...analysis showing that the overall sales of the manufacturers actually decreased because of the agreements. Britax, for example, admitted that sales fell 5% in the two months after Internet discounting was prohibited. As for Babies "R" Us' argument that preventing competitor discounts allowed it to increase sales and thus fund services valued by consumers, Brody's opinion notes that the plaintiffs "offered evidence that manufacturers had to pay for many services directly. Each manufacturer paid fees reimbursing BRU for advertisements and promotions." Further, the opinion notes that the defense's expert economist "indicated that BRU would maintain gift registries irrespective...

Author: /time Magazine | Title: Did Babies "R" Us Gouge Mommy and Daddy? | 7/21/2009 | See Source »

...that he is concerned about the potential impact of such tariffs on free trade, and that putting up such barriers would only make a global agreement more elusive. But other provisions could give the U.S. quiet leverage over developing nations. Annie Petsonk, the international counsel for the Environmental Defense Fund, says that the U.S. could make access to American carbon markets - which could eventually be worth trillions - contingent on how developing nations deal with climate change, for example by agreeing to mandatory reductions in the rate of growth of their emissions. "Carbon-market access is the first and most powerful...

Author: /time Magazine | Title: Climate Conundrum: How to Get India to Play Ball | 7/21/2009 | See Source »

...facto reserve currency. China usually suggests some "supranational" currency as a dollar substitute, to protect it against instability that could arise from any one country's errant economic policies. A favorite suggestion is the use of Special Drawing Rights (SDRs), the unit of account at the International Monetary Fund...

Author: /time Magazine | Title: China's Plans for Replacing the Dollar | 7/21/2009 | See Source »

...cars haven't exactly taken the world by storm. Reva - which has received venture capital from Draper Fisher Jurveston, the Global Environment Fund and Mellon HBV Master Global Event Drive Fund - has sold only 3,000 cars over the past eight years. Half of those have been exported to Europe, mainly to London...

Author: /time Magazine | Title: Made in India: The $12,000 Electric Car | 7/21/2009 | See Source »

...fund...

Author: /time Magazine | Title: The World | 7/20/2009 | See Source »

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