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Giantera, dealers fined in Lithuania for resale-price maintenance

( November 15, 2024, 08:37 GMT | Official Statement) -- MLex Summary: Giantera and over a dozen of its distributors have been fined a total of over 1.4 million euros for agreeing not to undercut the supplier's prices when selling its food supplements and cosmetic products, the Lithuanian competition authority has said. The companies were also sanctioned for their agreement not to offer discounts and promotions to consumers. The illegal conduct took place from 2015 to 2022. Giantera is the official representative of the Dr. Ohhira beauty and health products brand in the country. Statement follows. ...

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