UK Watchdog Fines Instrument Cos. For Blocking Discounts

Law360 (June 29, 2020, 6:54 PM EDT) -- The U.K.'s antitrust regulator fined two musical instrument companies a total of £5.5 million (about $6.7 million) on Monday for engaging in a practice that sets a minimum price for their products on the online retail market.

The Competition and Markets Authority said Roland (UK) Ltd. and Korg (UK) Ltd. — which make electronic drums and synthesizers, respectively — engaged in "retail price maintenance" by telling retailers they couldn't sell their products online below a certain price point.

Roland was fined more than £4 million while Korg was ordered to pay around £1.5 million. The regulator first accused the companies of...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!