HP and Staples Charged With Breaking Antitrust Law

A U.S. man has filed suit against office-products retailer Staples Inc. and printer manufacturer Hewlett-Packard Co. in federal court today, charging that the two companies broke antitrust laws in collaborating on the sale of replacement ink-jet printer cartridges. In a lawsuit filed in U.S. District Court in Boston, Ranjit Bedi charged that they had reached "an illegal agreement between competitors to stop competing" when HP paid Staples, the biggest U.S. specialty retailer of office supplies, "market development funds" to stop selling non-HP-branded ink-jet printer cartridges for HP printers. Read full story...

 


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