A PYMNTS Company

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

By  |  April 15, 2013

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.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Smart Company

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.