Humax hit with $150,000 fine for price fixing

Hardware manufacturer, Humax, has copped a $150,000 fine for attempting to fix the retail price of its digital set-top boxes.

According to an ACCC statement, the vendor contacted three small retailers in Melbourne and Perth during September to induce them to not sell its boxes for under $599.

Its manager, Andrew Song, contacted each during a four-day period, the ACCC said.

The industry watchdog instituted legal proceedings against both the company and Song in the Federal Court in February.

The company admitted to four contraventions of the resale price maintenance provisions of the Trade Practises Act.

Alongside the financial penalty, Humax will be required to put staff through a trade practices training course.

An injunction has also been placed on the company to prevent similar conduct for the next three years.

Song incurred a further $7500 fine for being knowingly involved.

ACCC acting chair, Louise Sylvan, said the penalty was a warning to all vendors looking to fix prices for products.

"Retailers should be free to sell their goods at the prices they think is appropriate, not the price at which an importer might think is best," she said. "This penalty should send a message to directors and managers of companies that even engaging in anti-competitive conduct for a short period of time can result in significant consequences."

Sylvan advised all resellers who are subject to this kind of pressure to contact the ACCC immediately.

She said any kind of price maintenance behaviour on the part of wholesalers was illegal.

"This behaviour does everything wrong in terms of what a free market should entail," Sylvan said.

All businesses should also ensure there are familiar with the rules of the Trade Practises Act to prevent engaging in misleading conduct, she said.

This involved educating staff about these requirements on an ongoing basis, as well as providing suitable manuals on the regulations, Sylvan said.

"It's not just about the price maintenance provisions in this case but also consumer protection provisions," she said.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.
Nadia Cameron
Show Comments

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?