Akkam’s Razor

Please tell me I'm reading this wrong - from the NYTimes via Economist's View:

A 96-year-old rule that treats as an automatic antitrust violation any agreement between a manufacturer and its retailers to adhere to a minimum resale price is considered archaic and out of touch by the Bush administration and economists of the Chicago school.

[...]

[F]our justices [defending the rule, incl. Breyers, Stevens, Ginsburg, and Souter], include two with substantial expertise in antitrust law: Justice Stevens, who made antitrust his specialty as a practicing lawyer before he became a federal judge, and Justice Breyer, who taught the subject at Harvard Law School.