ACCC and discounting prices
Not sure where to post this
Has anyone seen the ruling by the ACCC against Navman
A statement issued today by the Australian Competition and Consumer Commission (ACCC) said navigation equipment supplier Navman Australia Pty Ltd and its employees were engaged in resale price maintenance, where a supplier prevents or discourages retailers from discounting the price of their goods.
Navman admitted it tried to ensure dealers did not sell its marine products for less than a benchmark price and that it had cut off supply to some retailers who did not comply with requests, the ACCC said."
Surely this is Festool to a T maybe cheaper prices are just around the corner