OFT investigate Firms forramping up online prices

Published November 15th, 2005


Leading electronics companies have been accused of ramping up prices for online shoppers in the run-up to Christmas.

The Office of Fair Trading said it was examining a complaint from the Independent Media in Retailing Group.

The IMRG says manufacturers have been raising wholesale prices for online retailers - leaving them unable to undercut High Street prices.

The OFT declined to say which firms were being probed. Sony is reported to be one, and has denied the accusation.





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