Television set top box supplier penalised $150,000 for resale pricemaintenance.

0 Comments | M2 Presswire, June, 2005

M2 PRESSWIRE-14 June 2005-ACCC: Television set top box supplier penalised $150,000 for resale pricemaintenance(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:14062005 Humax Pty Ltd has been penalised $150,000 by the Federal Court after the company admitted that it attempted to induce a number of small retailers not to sell Humax high-definition digital set top boxes* at a price less than $599.00.

In his reasons for judgment, Justice Merkel stated that but for the mitigating factors in this case, the penalties would have been "significantly" higher. "Retailers should be free to sell their goods at the prices they think is appropriate, not the price at which an importer might think is best", Australian Competition and Consumer Commission, Acting Chair, Ms...