Date: Wednesday August 17, 2005 11:01:00 am
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FTC Raps Epson, HP for Strong-Arm Tactics(south korea)
Prices of printer
accessories like ink, toner and ribbons are expected to come down after
the Fair Trade Commission on Monday ordered printer manufacturers
Hewlett-Packard (HP) and Epson to stop forcing retailers to keep prices
artificially high.The FTC only gave a warning to Samsung Electronics, which it said had not leaned on retailers as heavily as the other two.
According to the FTC, HP and Epson specified prices when supplying them
to retailers and punish them if they do not stick to the recommended
prices. The FTC expects the order will allow retailers to decide their
own price and as thus benefit consumers by promoting competition.
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