ACCC rejects proposal to set minimum prices for Dewalt power tools
The ACCC has rejected a proposal by Stanley Black & Decker to set a minimum advertised price for Dewalt brand power tools, accessories and attachments.
Stanley Black & Decker lodged a resale price maintenance notification on 17 October 2019 and on 27 March 2020 the ACCC issued a draft notice proposing to revoke; no submissions were received.
The ACCC did not accept the proposal would have resulted in a net public benefit; even though there may have been some public benefit if it led to some retailers offering a bigger range of these products, this would likely have been offset by an increase in prices.
See ACCC media release.
See RPM register.
See also: