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Navi-Gate slammed for price fixing

The Hungarian competition office (GVH) found that Navi-Gate Kft made dealer contracts in which it set the retail prices of PNA Garmin navigation apparatuses and I-Go software run on pda-s.

According to the contracts, in case a retailer deviated from the set price, the importer Navi-Gate Kft was entitled to withdraw the retailer’s distribution rights. As a conclusion of the supervision including the related retailers as well, GVH established that setting retail prices in Navi-Gate’s contracts may limit economic competition and as a result, the authority fined Navi-Gate Kft Ft 43 million. (NG 4)