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​Ripple Group fined by Taiwan's antitrust regulator for resale price maintenance

( May 17, 2017, 04:43 GMT | Official Statement) -- MLex Summary: Taiwan-based hair product distributor Ripple Group today was fined NT$150,000 (US$5,000) by the Taiwan Fair Trade Commission for resale price maintenance, the commission said in a statement. The company had prevented downstream salons from engaging in price competition for products under the brand of Moroccanoil and threatened to terminate the supply if the salons didn't follow its price instructions. The commission said the company's behavior had weakened competition among distributors of the same brand.The statement follows:...

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