SAZsport, the German trade publication, reports that Altimum, the Swiss distributor of Petzl, has been fined 470,000 Swiss francs (€388,500-$504,100) by Switzerland's antitrust authorities. They argued that Altimum tried to dictate minimum retail prices to its customers at least between 2006 and 2010. The distributor is not willing to accept the decision: The company's management is quoted as saying that, yes, it discussed retail prices with a few dealers, but, no, there was no pressure on them, and certainly not threats such as the possible halt of deliveries. On top of that, Altimum argues that the fine is so high that it may force the company into insolvency.
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