• Home
  • Personal Finance
  • Investing
  • Business
  • Career
  • Consumer
  • Debt
  • Lifestyle
  • Retirement
  • Taxes

Personal Finance News

Latest News About Personal Finance

  • Blogger Net Worths
  • Top Personal Finance Blogs
  • Blogroll

US Supreme Court Protects Consumers’ Right To Refill Ink Cartridges

May 30, 2017 Leave a Comment

In precedent-setting Lexmark vs Impression case in May 2017, the U.S. Supreme Court rules that companies give up their patent rights when they sell an item. This ruling puts new limits on businesses’ ability to prevent their products from being resold at a discount. The ruling is a major defeat for Lexmark International, which was trying to stop refurbished versions of its printer cartridges from undercutting its U.S. sales. On the other hand, it’s a big win for consumers to have the right to refill ink cartridges.

HotHardware reported: “Lexmark originally set its sights on Impression Products, a small company that specializes in remanufacturing print cartridges for resale at prices much lower than what a customer would pay for a “genuine” Lexmark product. These cartridges often have no noticeable difference in performance compared to genuine ink or toner cartridges — the only real difference is that customers can save a lot of money by going the remanufactured route. This secondary market for cartridges not only has implications for regular Joes looking to save a buck, but also businesses that are always looking to cut costs.”

This precedent-setting decision will save consumers money to avoid buying overprice ink cartridges. It’s also a blow to companies like HP and Canon that sell their printers for a relatively low cost with the idea that they will recoup money on sales of replacement cartridges.

The unanimous ruling to protect consumers’ right to refill ink cartridges by US Supreme Court sends a strong message to various industries that sold products are not owned by the seller after the sale. It will benefit customers for years to come.

Related

Leave a Comment Cancel reply

Must Read

  • What's the Recommended Temperature for Vacant Home in Winter?
  • Professional Panda Cuddler as the World's Best Job for $32,000 per Year
  • How to Reach a Live Person at IRS to Resolve Tax Problems
  • How to Refinance a Paid Off Car
  • How to Cash Out Pension Plan Early
  • 61% Now Living Paycheck to Paycheck
  • 5 Tips To Get The Best Value On An Insurance Policy
  • The Best Day of the Week to Buy Mutual Funds
  • Two-Thirds of Americans Live Paycheck to Paycheck
  • 36% Earning $100,000 or More Living Paycheck to Paycheck

Recent Posts

  • More Americans Are Using ‘Buy Now, Pay Later’ Services To Pay for Groceries
  • 5 Tips To Get The Best Value On An Insurance Policy
  • 61% Now Living Paycheck to Paycheck
  • 36% Earning $100,000 or More Living Paycheck to Paycheck
  • Two-Thirds of Americans Live Paycheck to Paycheck
  • The Hit to Your Pocketbook From Higher Gasoline Prices: $2,000 a Year
  • Uber Now Lets You See How Many One-Star Ratings You Received From Drivers
  • Survey: 7 In 10 Americans Living Paycheck To Paycheck

Connect With Us

  • Facebook
  • Twitter
Home · About · Terms · Privacy · Contact · Copyright © 2023 · Personal Finance News