Roland has anti-competition fine increased to £5m after

Roland has anti-competition fine increased to £5m after appealing - Audio Media International


Roland has anti-competition fine increased to £5m after appealing
26th April 2021
Roland has had its appeal against a £4m ($5.6m) fine dismissed by the UK’s Competition Appeal Tribunal (CAT), resulting in a higher fine of £5m ($6.9m).
The music instrument maker was originally fined by the Competition and Markets Authority (CMA) in June 2020 for restricting online discounting of its electronic drum kits between 2011 and 2018.
The fine imposed by the CMA had been reduced to take account of the fact that Roland had admitted acting illegally and cooperated with the CMA’s investigation.
However, Roland then appealed against the level of the fine that it had agreed to pay as part of its CMA settlement on the grounds that its conduct was not serious enough to justify such a high penalty.

Related Keywords

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