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Europe Daily Bulletin No. 8506

17 July 2003
Contents Publication in full By article 22 / 44
GENERAL NEWS / (eu) eu/competition
Fine imposed on Yamaha for restrictions of trade and resale price maintenance in EUROPE

Brussels, 16/07/2003 (Agence Europe) - The European Commission has imposed a fine of € 2.56 million on musical instruments manufacturer Yamaha for violating European Union competition rules. Yamaha sells under a selective distribution system a whole range of traditional and electronic musical instruments and equipment in Europe, such as pianos, electronic organs, guitars, saxophones and violins. The company is the European market leader for most musical instruments. The Commission...

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