THE AUSTRIAN CARTEL COURT IMPOSES FINES FOR PRICE MAINTENANCE AND OTHER VERTICAL RESTRAINTS
The Austrian Cartel Court fined De’Longhi-Kenwood with EUR 650.000 for fixing prices with retailers, restricting cross-border trade and introducing a full blown online-distribution-prohibition. In the years 2006-2015 staff of De’Longhi-Kenwood observed the market multiple-times during the week and pressured retailers through immediate contacts (via email or telephone conversations) when price-discrepancies from the established minimum-prices were…