Thursday, February 8, 2007

Jurlique fined for price-fixing

Australian skin care and cosmetic company Jurlique has been fined $3.4 million for price fixing.

The penalty on the South Australian company is the highest ever imposed in Australia for resale price maintenance.

The Australian Competition and Consumer Commission said the company had breached the Trade Practices Act by not allowing retailers to sell Jurlique products at a discount.

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