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Australia: Electronics price-fixing? Not happening, says ACCC

By  |  April 15, 2013
Australia: Electronics price-fixing? Not happening, says ACCC

The Australian Competition and Consumer Commission has blocked a proposal to fix the prices of various electronics in a blow against the retailers of such products that were looking to set a minimum advertising price. Buying group Narta International initially applied for the proposal in 2012. But the ACCC told reporters that the authority has decided to deny approval of the application on the grounds that the price-fixing could harm consumers. The price-fixing would have applied specifically to exclusive products offered to consumers by Narta, including televisions and cameras.

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