Restricting resale prices: an open letter to suppliers and retailers in the musical instruments sector
The Competition and Markets Authority has published an open letter for suppliers and retailers in the musical instruments sector after recently imposing fines totaling more than £13.7 million for restricting online discounting.
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We have written an open letter to suppliers and retailers in the musical instruments sector warning them that they should not participate in resale price maintenance (RPM).
We have evidence suggesting that RPM has been widespread in the musical instruments sector and have taken enforcement action in five separate cases.
The CMA has also published advice for retailers about what they need to know about resale price maintenance (RPM) agreements and how to comply with competition law.
Read our news story for more information: Musical instrument firms to pay millions after breaking competition law