Consumer Choice in Auto Parts & Repairs [F/S]
Aftermarket cosmetic auto repair parts can cost as much as 50 percent less than those made by the original equipment manufacturers, but automakers are working to eliminate alternative repair parts from the market by obtaining design patents on each individual crash part. NAMIC supports the PARTS Act to preserve competition in the aftermarket auto parts market, ensuring savings for consumers of more than $2.2 billion each year.
How does the PARTS Act save consumers money? By ensuring they have more than one choice when it comes to repair parts. The following video shows how auto manufacturers are trying to use patent laws to get rid of the competition so they can charge more for the parts you need after a fender bender.
Posted: Monday, April 12, 2010 1:34:08 PM. Modified: Friday, May 09, 2014 2:00:56 PM.
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