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Competition Commission lifts Domestic Electrical Goods Order

 |  February 1, 2012

The Competition Commission has decided to lift the Domestic Electrical Goods Order, effective February 1. The Order had prevented suppliers of electrical goods from resale price maintenance measures such as recommending resale prices or making agreements that restrict either resale prices or supply from retailers. In reaching its decision, the Commission found that competition since the 1998 Order had increased to a degree such that the protections enshrined by the Order are no longer necessary, and that the Competition Act 1998 can adequately address competition harms.

Source: StockMarketWire

 

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