Until last week, the millions of amateur photographers who use Eastman Kodak Co.'s Kodachrome and Kodacolor films had no choice about where to have their films developed. They always had to send them to one of nine Eastman Kodak processing plants. Many a photographer complained about the time it took. Independent photo-finishing firms also objected to being frozen out of Eastman's big color-processing business.
Last week in the face of a federal antitrust suit, Eastman's Board Chairman Thomas Hargrave agreed in a consent decree to drop Eastman's pay-in-advance system, which includes the cost of processing in the price of a roll of...
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