We bring you this important information from the CMA investigation into our industry…
On 6 August 2019 the CMA closed the investigation on administrative priority grounds having had regard to the CMA’s prioritisation principles and the information available at the time. This decision does not affect the CMA’s four separate, ongoing cases in the musical instruments and equipment sector.
On 30 April 2019 the CMA launched an investigation under Chapter I of the CA98 and Article 101 of the TFEU into suspected breaches of competition law by various parties. The investigation related to alleged anti-competitive agreements and/or concerted practices in relation to musical instruments.
All information can be found here: www.gov.uk/cma-cases/musical-instruments-suspected-anti-competitive-agreements-