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Panasonic warned over resale price maintenance in New Zealand

( June 23, 2022, 04:28 GMT | Official Statement) -- MLex Summary: Panasonic has received a warning from New Zealand's competition regulator relating to resale price maintenance. In a statement today, the New Zealand Commerce Commission said it believes Panasonic likely withheld supply of televisions to two retailers, and supplied televisions to a retailer on less favorable terms because the retailer sold TVs lower than prices specified by Panasonic. The regulator has also written an open letter to wholesale and retail consumer-electronic businesses.The full statement from the New Zealand Commerce Commission follows: ...

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