Casio Strikes False Note With Antitrust Watchdog On Prices
Law360, London (April 11, 2019, 3:41 PM BST) -- Electronics giant Casio has breached competition law by illegally restricting online retailers in the U.K. from dropping the prices of its digital pianos and keyboards, Britain’s antitrust watchdog alleged on Thursday.
The Competition and Markets Authority said it has found that Casio Electronics Co. Ltd. prevented retailers selling its products online from setting their own prices between 2013 and 2018. Casio did this by insisting on a minimum price tag that retailers could not undercut to market the products, preventing them from offering discounts to customers.
This struck the wrong chord with the CMA, which alleged that customers missed out on...
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