Basic Search  |  Summaries  |  Advanced SearchPenalty: £278,945
Year: 2020
Date: 17 July, 2020
Offence Group: competition-related offences
Offence Type: price-fixing or anti-competitive practices
Violation Description: GAK paid £278,945 in settlement of a decision by the CMA that GAK and Yamaha engaged in retail price maintenance, fixing the minimum price resellers could offer on musical instruments and equipment. Yamaha was granted immunity to a fine for cooperation under the leniency policy.
Action Type: agency action
Settlement Type: Settlement with the CMA
Agency: Competition and Markets Authority
Source of Data: (click here)