Guitar maker Fender fined €5m for price-fixing

The manufacturer required its instruments to be sold at, or above, a minimum price which in turn restricted retailers - a practice that's illegal.

Guitar maker Fender fined €5m for price-fixing
Wed, 22 Jan, 2020 - 16:00
Digital Desk staff

Guitar maker Fender has been handed a multi-million pound fine for price-fixing.

The manufacturer required its instruments to be sold at, or above, a minimum price which in turn restricted retailers - a practice that's illegal.

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CourtsPlace: UKOrganisation: FenderOrganisation: Competition and Markets AuthorityOrganisation: Casio ElectronicsOrganisation: CMA
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