FTC Raps Epson, HP for Strong-Arm Tactics

Prices of printer accessories like ink, toner and ribbons are expected to come down after the Fair Trade Commission on Monday ordered printer manufacturers Hewlett-Packard (HP) and Epson to stop forcing retailers to keep prices artificially high.

The FTC only gave a warning to Samsung Electronics, which it said had not leaned on retailers as heavily as the other two.
According to the FTC, HP and Epson specified prices when supplying them to retailers and punish them if they do not stick to the recommended prices. The FTC expects the order will allow retailers to decide their own price and as thus benefit consumers by promoting competition.
Source: Chosun

Posted: Mon - August 15, 2005 at 11:47 AM