On 22 January 2020, the Competition and Markets Authority (the "CMA") fined Fender Musical Instruments Europe Limited ("Fender Europe") GBP 4.5 million for engaging in illegal resale price maintenance ("RPM") in relation to the online sale of its guitars. WHAT YOU NEED TO KNOW - KEY TAKEWAYS This is the largest fine imposed by the CMA to date for RPM and
The UK Competition Authority fines a musical instrument manufacturer £4.5 million for engaging in illegal resale price maintenance on its online sales (Fender Europe)
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