Tag Archives: competition law

CMA letter warns firms that restricting internet prices is illegal

CMA letter warns firms that restricting internet prices is illegal

The UK’s Competition and Markets Authority today took the step of publishing an open letter about resale price maintenance (RPM) and compliance with competition law following the conclusion of recent high-profile cases, including the one involving the catering equipment industry. Last month the CMA fined Foster Refrigerator almost £2.3m for restricting distributors’ ability to sell

Foster’s £2.3m fine exposes need for industry-wide compliance, says law expert

Enforcement action taken against refrigeration supplier Foster over conditions it placed on the online resale price of its products shows the need for all companies to promote competition law compliance within their workforce, a leading law expert has warned. The UK’s Competition and Markets Authority (CMA) came down hard on Foster and its parent ITW

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