In Issue 4, we reported that the ACCC was prosecuting Netti Atom for inducing retailers not to advertise Netti Atom bicycles on the internet at less than RRP. On 6 December, Netti Atom admitted the allegations and the Court imposed penalties on the company of $110,000 and a penalty on its National Sales Manager of $11,250. The Court allowed both to pay these fines over 18 months. The Court also ordered the company to publish notices in industry magazines.
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