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Olympus fined DKK3.6 million in Denmark for antitrust violation

( April 18, 2017, 08:34 GMT | Official Statement) -- MLex Summary: Olympus Danmark, a maker of devices for image and sound capture and reproduction, has been fined 3.6 million kroner ($515,368) for violating competition law by requiring resellers not to sell certain camera models for less than a price set by the company. The abuse, in the form of a kickback pricing system that gave resellers a cashback if they documented that the cameras were sold above the minimum price, took place over 10 years until Nov. 1, 2013.Statement follows in Danish:...

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