France Fines Toy Makers For Christmas Price-Fixing

Law360, New York (December 20, 2007, 12:00 AM EST) -- France's competition authority, the Conseil de la Concurrence, has hit five toy manufacturers and three toy distributors with €37 million ($53.16 million) in fines for allegedly fixing the resale prices of Christmas toys.

French retail giant Carrefour SA received the biggest fine (€27.4 million), while fellow distributors MaxiToys and ESPE-JoueClub received €1.8 million and €300,000 in fines, respectively. On the supplier side, Chicco-Puericulture de Franc was fined €600,000, Goliath was fined €25,000, Hasbro was fined €5.1 million, Lego was fined €1.6 million and MegaBrands was fined...
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